Ether / Dollar intraday: the upside prevails as long as 3318 is support
3318 is our pivot point.
Our preference: the upside prevails as long as 3318 is support.
Alternative scenario: the downside breakout of 3318 would call for 3259 and 3224.
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 3328 and 3360).
Supports and resistances:
3551 **
3516 *
3480 **
3445
3370 last
3341
3318 **
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