Ether / Dollar intraday: the upside prevails as long as 3893 is support
Our pivot point is at 3893.
Our preference: the upside prevails as long as 3893 is support.
Alternative scenario: the downside breakout of 3893 would call for 3822 and 3780.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3935 and 3923).
Supports and resistances:
4163 **
4121 *
4079 **
4036
3950 last
3921
3893 **
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