Ether / Dollar intraday: the upside prevails as long as 1608 is support
Our pivot point is at 1608.
Our preference: the upside prevails as long as 1608 is support.
Alternative scenario: below 1608, expect 1591 and 1581.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1609 and 1601).
Supports and resistances:
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