Uniswap / Dollar intraday: as long as 8.18 is resistance look for 7.40

Our pivot point is at 8.18.

Our preference: as long as 8.18 is resistance look for 7.40.

Alternative scenario: the upside breakout of 8.18, would call for 8.43 and 8.58.

Comment: the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands above its 20 period moving average (7.84) but below its 50 period moving average (8.01).

Supports and resistances:

8.58 **

8.43 *

8.18 **

8.08

7.86 last

7.55

7.40 **