Ether / Dollar intraday: rebound towards 1706
Our pivot point stands at 1651.
Our preference: rebound towards 1706.
Alternative scenario: below 1651, expect 1631 and 1619.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1664) but below its 50 period moving average (1691).
Supports and resistances:
1730 **
1718 *
1706 **
1694
1670 last
1659
1651 **
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