Ether / Dollar intraday: the downside prevails as long as 3907 is resistance
Our pivot point is at 3907.
Our preference: the downside prevails as long as 3907 is resistance.
Alternative scenario: the upside breakout of 3907, would call for 3968 and 4005.
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 3873 and 3940).
Supports and resistances:
4005 **
3968 *
3907 **
3882
3857 last
3758
3721 **
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