Ether / Dollar intraday: the downside prevails as long as 4733 is resistance
Our pivot point is at 4733.
Our preference:
The downside prevails as long as 4733 is resistance.
Alternative scenario:
Above 4733, look for 4878 and 4964.
Comment:
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 4687 and 4699).
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