Ether / Dollar intraday: the upside prevails as long as 3571 is support
Our pivot point is at 3571.
Our preference: the upside prevails as long as 3571 is support.
Alternative scenario: the downside breakout of 3571 would call for 3513 and 3479.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3615 and 3598).
Supports and resistances:
3804 **
3769 *
3735 **
3700
3625 last
3594
3571 **
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