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Ether / Dollar intraday: the downside prevails as long as 2405 is resistance

2024-01-22
451

Our pivot point stands at 2405.

Our preference: the downside prevails as long as 2405 is resistance.

Alternative scenario: the upside breakout of 2405, would call for 2451 and 2478.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2396 and 2433).

Supports and resistances:

2478 **

2451 *

2405 **

2387

2368 last

2313

2286 **

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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