Ether / Dollar intraday: the downside prevails as long as 3437 is resistance
Our pivot point stands at 3437.
Our preference: the downside prevails as long as 3437 is resistance.
Alternative scenario: above 3437, look for 3496 and 3531.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3457 and 3518).
Supports and resistances:
3531 **
3496 *
3437 **
3413
3372 last
3295
3260 **
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