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Ether / Dollar intraday: the upside prevails as long as 1608 is support

2023-09-14
981

Our pivot point is at 1608.

Our preference: the upside prevails as long as 1608 is support.

Alternative scenario: below 1608, expect 1591 and 1581.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1609 and 1601).

Supports and resistances:

1671 **

1661 *

1651 **

1641

1622 last

1614

1608 **

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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