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Ether / Dollar intraday: under pressure below 2337

2023-12-31
135

Our pivot point stands at 2337.

Our preference: under pressure below 2337.

Alternative scenario: the upside breakout of 2337, would call for 2379 and 2404.

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 stands below its 20 and 50 period moving average (respectively at 2300 and 2298).

Supports and resistances:

2404 **

2379 *

2337 **

2321

2297 last

2248

2223 **

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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