Ether / Dollar intraday: rebound towards 1657
Our pivot point stands at 1605.
Our preference: rebound towards 1657.
Alternative scenario: the downside breakout of 1605 would call for 1586 and 1574.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1619) but below its 50 period moving average (1626).
Supports and resistances:
1680 **
1669 *
1657 **
1645
1620 last
1613
1605 **
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