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Ether / Dollar intraday: the upside prevails as long as 2284 is support

2024-02-06
748

Our pivot point is at 2284.

Our preference: the upside prevails as long as 2284 is support.

Alternative scenario: the downside breakout of 2284 would call for 2241 and 2215.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2308 and 2308).

Supports and resistances:

2451 **

2425 *

2400 **

2374

2322 last

2300

2284 **

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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