Ether / Dollar intraday: the upside prevails as long as 3468 is support
Our pivot point stands at 3468.
Our preference: the upside prevails as long as 3468 is support.
Alternative scenario: the downside breakout of 3468 would call for 3406 and 3370.
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 3417 and 3307).
Supports and resistances:
3703 **
3667 *
3630 **
3593
3520 last
3492
3468 **
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