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Ether / Dollar intraday: the downside prevails as long as 3709 is resistance
2024-03-16
1059
Our pivot point stands at 3709.
Our preference: the downside prevails as long as 3709 is resistance.
Alternative scenario: the upside breakout of 3709, would call for 3768 and 3803.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3695 and 3742).
Supports and resistances:
3803 **
3768 *
3709 **
3686
3624 last
3540
3505 **
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