Ether / Dollar intraday: the upside prevails as long as 1621 is support
Our pivot point stands at 1621.
Our preference: the upside prevails as long as 1621 is support.
Alternative scenario: the downside breakout of 1621 would call for 1603 and 1592.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1633 and 1633).
Supports and resistances:
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