Ether / Dollar intraday: above its upper Bollinger band
Our pivot point is at 1680.
Our preference: the upside prevails as long as 1680 is support.
Alternative scenario: the downside breakout of 1680 would call for 1661 and 1650.
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 1682 and 1675). Finally, the Ether / Dollar has crossed above its upper Bollinger band (1703).
Supports and resistances:
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