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Ether / Dollar intraday: the upside prevails as long as 2275 is support

2024-02-02
1045

Our pivot point stands at 2275.

Our preference: the upside prevails as long as 2275 is support.

Alternative scenario: the downside breakout of 2275 would call for 2230 and 2204.

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 2306 and 2295).

Supports and resistances:

2443 **

2417 *

2390 **

2363

2310 last

2293

2275 **

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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