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Ether / Dollar intraday: the upside prevails as long as 2300 is support
2024-02-06
835
2300 is our pivot point.
Our preference: the upside prevails as long as 2300 is support.
Alternative scenario: the downside breakout of 2300 would call for 2257 and 2231.
Comment: the RSI is above its neutrality area at 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 2325 and 2311).
Supports and resistances:
2469 **
2444 *
2418 **
2392
2340 last
2317
2300 **
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