Monero / Dollar may fall to 142.9 - 144.4

149.4 is our pivot point.

Our preference

The downside prevails as long as 149.4 is resistance.

Alternative scenario

The upside breakout of 149.4, would call for 151.9 and 153.4.

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 149.3 and 151.2).

Supports and resistances

153.4 **

151.9 *

149.4 **

148.5

147.4 last

144.4

142.9 **

141.5 *

140.0 **

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