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Ether / Dollar intraday: the downside prevails as long as 3966 is resistance
2024-03-10
215
3966 is our pivot point.
Our preference: the downside prevails as long as 3966 is resistance.
Alternative scenario: the upside breakout of 3966, would call for 4036 and 4077.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3910 and 3919).
Supports and resistances:
4077 **
4036 *
3966 **
3938
3908 last
3817
3776 **
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