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Ether / Dollar intraday: the downside prevails as long as 2324 is resistance

2024-02-06
363

Our pivot point is at 2324.

Our preference: the downside prevails as long as 2324 is resistance.

Alternative scenario: the upside breakout of 2324, would call for 2369 and 2395.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2307 and 2301).

Supports and resistances:

2395 **

2369 *

2324 **

2307

2288 last

2232

2205 **

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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