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Ether / Dollar intraday: the downside prevails as long as 1789 is resistance

2023-10-25
374

Our pivot point stands at 1789.

Our preference: the downside prevails as long as 1789 is resistance.

Alternative scenario: above 1789, look for 1811 and 1824.

Comment: the RSI is below its neutrality area at 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 1786 and 1796).

Supports and resistances:

1824 **

1811 *

1789 **

1781

1772 last

1744

1730 **

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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