Ether / Dollar intraday: rebound
Our pivot point stands at 3942.
Our preference: rebound.
Alternative scenario: below 3942, expect 3878 and 3840.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (3982) but under its 50 period moving average (3996).
Supports and resistances:
4186 **
4147 *
4109 **
4071
3995 last
3967
3942 **
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