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Ether / Dollar intraday: under pressure below 2963
2024-02-22
1018
Our pivot point stands at 2963.
Our preference: under pressure below 2963.
Alternative scenario: the upside breakout of 2963, would call for 3017 and 3050.
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 trading under both its 20 and 50 period moving average (respectively at 2923 and 2932).
Supports and resistances:
3050 **
3017 *
2963 **
2942
2921 last
2857
2825 **
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