Ether / Dollar intraday: technical rebound towards 1819 before a new drop
Our pivot point is at 1819.
Our preference: technical rebound towards 1819 before a new drop.
Alternative scenario: the upside breakout of 1819, would call for 1842 and 1855.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above its 20 period moving average (1784) but under its 50 period moving average (1804).
Supports and resistances:
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