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Ether / Dollar intraday: target 2307

2023-12-28
881

Our pivot point stands at 2421.

Our preference: target 2307.

Alternative scenario: above 2421, look for 2464 and 2489.

Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (2387) but above its 50 period moving average (2379).

Supports and resistances:

2489 **

2464 *

2421 **

2404

2385 last

2333

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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