Ether / Dollar intraday: the upside prevails as long as 2800 is support
Our pivot point is at 2800.
Our preference: the upside prevails as long as 2800 is support.
Alternative scenario: below 2800, expect 2749 and 2718.
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 both its 20 and 50 period moving average (respectively at 2825 and 2808).
Supports and resistances:
2996 **
2965 *
2934 **
2904
2842 last
2821
2800 **
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