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Ether / Dollar intraday: the upside prevails as long as 2260 is support

2024-01-30
697

Our pivot point stands at 2260.

Our preference: the upside prevails as long as 2260 is support.

Alternative scenario: the downside breakout of 2260 would call for 2216 and 2190.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2277 and 2269).

Supports and resistances:

2429 **

2403 *

2377 **

2351

2298 last

2277

2260 **

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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