Ether / Dollar intraday: as long as 1586 is support look for 1630
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Our pivot point stands at 1586.
Our preference: as long as 1586 is support look for 1630.
Alternative scenario: the downside breakout of 1586 would call for 1569 and 1560.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (1602) but above its 50 period moving average (1579).
Supports and resistances:
1649 **
1640 *
1630 **
1620
1600 last
1592
1586 **
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