Ether / Dollar intraday: as long as 4386 is support look for 4709

Our pivot point stands at 4386.

Our preference: as long as 4386 is support look for 4709.

Alternative scenario: below 4386, expect 4274 and 4208.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 4481 and 4473).

Supports and resistances:

4843 **

4776 *

4709 **

4642

4481 last

4430

4386 **