Ether / Dollar intraday: as long as 3493 is support look for 3661
Our pivot point stands at 3493.
Our preference: as long as 3493 is support look for 3661.
Alternative scenario: the downside breakout of 3493 would call for 3431 and 3394.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 3534 and 3475).
Supports and resistances:
3735 **
3698 *
3661 **
3624
3545 last
3517
3493 **
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