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Ether / Dollar intraday: the upside prevails as long as 1584 is support

2023-09-12
1190

Our pivot point stands at 1584.

Our preference: the upside prevails as long as 1584 is support.

Alternative scenario: below 1584, expect 1568 and 1558.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1591 and 1571).

Supports and resistances:

1649 **

1640 *

1630 **

1620

1601 last

1591

1584 **

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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