Ethereum Classic / Dollar intraday: the downside prevails as long as 22 is resistance |
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Our pivot point is at 22.00. |
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Our preference: |
The downside prevails as long as 22 is resistance. |
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Alternative scenario: |
The upside breakout of 22, would call for 22.65 and 23.04. |
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Comment: |
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 21.79 and 21.73). |
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