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Ether / Dollar intraday: as long as 2187 is support look for 2297

2024-01-26
323

Our pivot point stands at 2187.

Our preference: as long as 2187 is support look for 2297.

Alternative scenario: the downside breakout of 2187 would call for 2144 and 2119.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2221 and 2216).

Supports and resistances:

2347 **

2322 *

2297 **

2271

2221 last

2203

2187 **

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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