Ether / Dollar intraday: as long as 3661 is resistance look for 3462
Our pivot point is at 3661.
Our preference: as long as 3661 is resistance look for 3462.
Alternative scenario: above 3661, look for 3738 and 3783.
Comment: the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price stands above its 20 period moving average (3598) but below its 50 period moving average (3609).
Supports and resistances:
3783 **
3738 *
3661 **
3630
3600 last
3508
3462 **
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