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Ether / Dollar intraday: the upside prevails as long as 1673 is support

2023-10-23
1056

1673 is our pivot point.

Our preference: the upside prevails as long as 1673 is support.

Alternative scenario: the downside breakout of 1673 would call for 1654 and 1643.

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 above its 20 and 50 period moving average (respectively at 1675 and 1650).

Supports and resistances:

1748 **

1737 *

1726 **

1714

1690 last

1680

1673 **

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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