Ether / Dollar intraday: the downside prevails as long as 3451 is resistance
3451 is our pivot point.
Our preference: the downside prevails as long as 3451 is resistance.
Alternative scenario: the upside breakout of 3451, would call for 3525 and 3570.
Comment: the RSI is below 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 3439 and 3482).
Supports and resistances:
3570 **
3525 *
3451 **
3422
3387 last
3285
3241 **
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