Monero / Dollar may fall to 144.0 - 145.4

Our pivot point is at 151.2.

Our preference

The downside prevails as long as 151.2 is resistance.

Alternative scenario

The upside breakout of 151.2, would call for 153.7 and 155.2.

Comment

The RSI is below its neutrality area at 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 150.2 and 151).

Supports and resistances

155.2 **

153.7 *

151.2 **

150.3

148.5 last

145.4

144.0 **

142.5 *

141.0 **

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