Ether / Dollar intraday: as long as 4524 is support look for 4937
Our pivot point stands at 4524.
Our preference:
As long as 4524 is support look for 4937.
Alternative scenario:
The downside breakout of 4524 would call for 4379 and 4292.
Comment:
The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 4631 and 4517).
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