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Ether / Dollar intraday: as long as 2606 is support look for 2736

2024-02-13
1109

Our pivot point stands at 2606.

Our preference: as long as 2606 is support look for 2736.

Alternative scenario: the downside breakout of 2606 would call for 2558 and 2530.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (2649) but above its 50 period moving average (2569).

Supports and resistances:

2793 **

2764 *

2736 **

2707

2648 last

2625

2606 **

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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