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Ether / Dollar intraday: the upside prevails as long as 1595 is support


Our pivot point stands at 1595.

Our preference: the upside prevails as long as 1595 is support.

Alternative scenario: the downside breakout of 1595 would call for 1579 and 1569.

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 1605 and 1599).

Supports and resistances:

1657 **

1647 *

1637 **


1608 last


1595 **

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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