Ether / Dollar intraday: the downside prevails as long as 3860 is resistance
Our pivot point stands at 3860.
Our preference:
The downside prevails as long as 3860 is resistance.
Alternative scenario:
The upside breakout of 3860, would call for 3978 and 4049.
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3760 and 3788).
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