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Ether / Dollar intraday: as long as 1587 is support look for 1632
2023-09-14
1135
Our pivot point is at 1587.
Our preference: as long as 1587 is support look for 1632.
Alternative scenario: the downside breakout of 1587 would call for 1571 and 1561.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (1602) but above its 50 period moving average (1597).
Supports and resistances:
1651 **
1642 *
1632 **
1622
1602 last
1594
1587 **
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