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Ether / Dollar intraday: target 1564
2023-09-13
1079
1606 is our pivot point.
Our preference: target 1564.
Alternative scenario: the upside breakout of 1606, would call for 1622 and 1632.
Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (1598) but above its 50 period moving average (1589).
Supports and resistances:
1632 **
1622 *
1606 **
1600
1593 last
1573
1564 **
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