Ether / Dollar intraday: rebound
Our pivot point stands at 4407.
Our preference:
Rebound.
Alternative scenario:
The downside breakout of 4407 would call for 4265 and 4181.
Comment:
The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (4518) but under its 50 period moving average (4544).
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