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Ether / Dollar intraday: the upside prevails as long as 2255 is support

2023-12-25
1044

Our pivot point stands at 2255.

Our preference: the upside prevails as long as 2255 is support.

Alternative scenario: the downside breakout of 2255 would call for 2213 and 2189.

Comment: the RSI is above 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 2282 and 2281).

Supports and resistances:

2413 **

2388 *

2363 **

2338

2289 last

2272

2255 **

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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