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Ether / Dollar intraday: as long as 1606 is resistance look for 1564
2023-09-13
634
1606 is our pivot point.
Our preference: as long as 1606 is resistance look for 1564.
Alternative scenario: above 1606, look for 1622 and 1632.
Comment: the RSI is above 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI would call for further downside. Moreover, the price stands above its 20 period moving average (1592) but below its 50 period moving average (1596).
Supports and resistances:
1632 **
1622 *
1606 **
1600
1593 last
1573
1564 **
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