Monero / Dollar may fall to 144.6 - 146.1

151.6 is our pivot point.

Our preference

The downside prevails as long as 151.6 is resistance.

Alternative scenario

The upside breakout of 151.6, would call for 154.1 and 155.6.

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 149.8 and 150.1).

Supports and resistances

155.6 **

154.1 *

151.6 **

150.6

149.4 last

146.1

144.6 **

143.1 *

141.7 **

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