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Ether / Dollar intraday: the upside prevails as long as 1792 is support

2023-10-26
1065

Our pivot point stands at 1792.

Our preference: the upside prevails as long as 1792 is support.

Alternative scenario: the downside breakout of 1792 would call for 1769 and 1756.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1795 and 1790).

Supports and resistances:

1877 **

1864 *

1851 **

1837

1809 last

1800

1792 **

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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