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Ether / Dollar intraday: target 2849
2024-02-22
1004
Our pivot point stands at 2992.
Our preference: target 2849.
Alternative scenario: the upside breakout of 2992, would call for 3046 and 3078.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (2977) but above its 50 period moving average (2943).
Supports and resistances:
3078 **
3046 *
2992 **
2970
2948 last
2882
2849 **
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