Ether / Dollar intraday: the upside prevails as long as 4306 is support
Our pivot point stands at 4306.
Our preference:
The upside prevails as long as 4306 is support.
Alternative scenario:
The downside breakout of 4306 would call for 4167 and 4085.
Comment:
The RSI is above 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 4370 and 4328).
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