Ether / Dollar intraday: the upside prevails as long as 4111 is support
Our pivot point stands at 4111.
Our preference:
The upside prevails as long as 4111 is support.
Alternative scenario:
The downside breakout of 4111 would call for 3978 and 3900.
Comment:
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 4121 and 4117).
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