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Ether / Dollar intraday: the downside prevails as long as 2370 is resistance

2024-01-31
815

Our pivot point is at 2370.

Our preference: the downside prevails as long as 2370 is resistance.

Alternative scenario: above 2370, look for 2415 and 2442.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2350 and 2336).

Supports and resistances:

2442 **

2415 *

2370 **

2352

2334 last

2280

2254 **

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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