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Ether / Dollar intraday: the downside prevails as long as 2460 is resistance

2024-01-22
647

Our pivot point is at 2460.

Our preference: the downside prevails as long as 2460 is resistance.

Alternative scenario: the upside breakout of 2460, would call for 2507 and 2534.

Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2446 and 2462).

Supports and resistances:

2534 **

2507 *

2460 **

2442

2423 last

2365

2337 **

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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