Ether / Dollar intraday: rebound towards 4118
Our pivot point stands at 3930.
Our preference: rebound towards 4118.
Alternative scenario: the downside breakout of 3930 would call for 3866 and 3828.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3997 and 4008).
Supports and resistances:
4195 **
4157 *
4118 **
4080
3982 last
3955
3930 **
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