Monero / Dollar may fall to 136.2 - 137.9

143.6 is our pivot point.

Our preference

The downside prevails as long as 143.6 is resistance.

Alternative scenario

The upside breakout of 143.6, would call for 146.5 and 148.3.

Comment

The RSI is below 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 142.3 and 142.3).

Supports and resistances

148.3 **

146.5 *

143.6 **

142.5

141.4 last

137.9

136.2 **

134.5 *

132.7 **

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