Monero / Dollar may fall to 143.5 - 145.2

151.2 is our pivot point.

Our preference

The downside prevails as long as 151.2 is resistance.

Alternative scenario

The upside breakout of 151.2, would call for 154 and 155.6.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 150.7 and 153.2).

Supports and resistances

155.6 **

154.0 *

151.2 **

150.1

148.5 last

145.2

143.5 **

141.9 *

140.2 **

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