Monero / Dollar may fall to 144.6 - 146.2

151.7 is our pivot point.

Our preference

The downside prevails as long as 151.7 is resistance.

Alternative scenario

The upside breakout of 151.7, would call for 154.5 and 156.1.

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 153.5 and 154.7).

Supports and resistances

156.1 **

154.5 *

151.7 **

150.6

149.5 last

146.2

144.6 **

142.9 *

141.3 **

Number of asterisks represents the strength of support and resistance levels.