Ether / Dollar intraday: rebound
Our pivot point is at 2206.
Our preference: rebound.
Alternative scenario: the downside breakout of 2206 would call for 2164 and 2138.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (2213) but under its 50 period moving average (2254).
Supports and resistances:
2373 **
2347 *
2322 **
2296
2241 last
2223
2206 **
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