Ether / Dollar intraday: target 3843
Our pivot point is at 4187.
Our preference:
Target 3843.
Alternative scenario:
The upside breakout of 4187, would call for 4315 and 4391.
Comment:
The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (4089) but above its 50 period moving average (4077).
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