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Ether / Dollar intraday: the downside prevails as long as 1599 is resistance

2023-09-13
760

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 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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