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Ether / Dollar intraday: as long as 1607 is support look for 1650

2023-09-14
416

Our pivot point is at 1607.

Our preference: as long as 1607 is support look for 1650.

Alternative scenario: the downside breakout of 1607 would call for 1591 and 1581.

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 1618 and 1608).

Supports and resistances:

1669 **

1660 *

1650 **

1640

1620 last

1613

1607 **

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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