Ether / Dollar intraday: the downside prevails as long as 3686 is resistance
Our pivot point stands at 3686.
Our preference: the downside prevails as long as 3686 is resistance.
Alternative scenario: the upside breakout of 3686, would call for 3770 and 3820.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3680 and 3663).
Supports and resistances:
3820 **
3770 *
3686 **
3652
3619 last
3502
3452 **
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