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Ether / Dollar intraday: the upside prevails as long as 2613 is support

2024-02-14
993

2613 is our pivot point.

Our preference: the upside prevails as long as 2613 is support.

Alternative scenario: the downside breakout of 2613 would call for 2565 and 2536.

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 2636 and 2641).

Supports and resistances:

2797 **

2769 *

2740 **

2711

2652 last

2632

2613 **

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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