Ether / Dollar ST: target 2483
4084 is our pivot point.
Our preference: target 2483.
Alternative scenario: the upside breakout of 4084, would call for 4639 and 4970.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (3551) but above its 50 period moving average (3389).
Supports and resistances:
4970 **
4639 *
4084 **
3866
3505 last
2792
2483 **
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