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Ether / Dollar intraday: the downside prevails as long as 1599 is resistance
2023-09-13
579
1599 is our pivot point.
Our preference: the downside prevails as long as 1599 is resistance.
Alternative scenario: above 1599, look for 1615 and 1625.
Comment: the RSI is below 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 1594 and 1595).
Supports and resistances:
1625 **
1615 *
1599 **
1593
1586 last
1565
1556 **
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