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Ether / Dollar intraday: under pressure below 1809

2023-10-26
800

Our pivot point is at 1809.

Our preference: under pressure below 1809.

Alternative scenario: above 1809, look for 1831 and 1844.

Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1791 and 1787).

Supports and resistances:

1844 **

1831 *

1809 **

1800

1786 last

1759

1746 **

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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