Monero / Dollar may fall to 141.5 - 143.1

Our pivot point stands at 150.0.

Our preference

The downside prevails as long as 150 is resistance.

Alternative scenario

Above 150, look for 152.8 and 154.4.

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 148.8 and 149.1). Finally, the Monero / Dollar has penetrated its lower Bollinger band (147.1).

Supports and resistances

154.4 **

152.8 *

150.0 **

149.0

146.7 last

143.1

141.5 **

139.9 *

138.3 **

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