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Ether / Dollar intraday: rebound

2024-01-23
567

Our pivot point stands at 2307.

Our preference: rebound.

Alternative scenario: the downside breakout of 2307 would call for 2262 and 2236.

Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (2332) but below its 50 period moving average (2363).

Supports and resistances:

2481 **

2454 *

2427 **

2400

2347 last

2325

2307 **

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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