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Ether / Dollar intraday: the downside prevails as long as 2315 is resistance
2024-02-05
418
Our pivot point is at 2315.
Our preference: the downside prevails as long as 2315 is resistance.
Alternative scenario: above 2315, look for 2359 and 2385.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2287 and 2294).
Supports and resistances:
2385 **
2359 *
2315 **
2297
2280 last
2227
2201 **
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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