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Ether / Dollar intraday: as long as 1664 is support look for 1714

2023-10-23
1019

Our pivot point stands at 1664.

Our preference: as long as 1664 is support look for 1714.

Alternative scenario: below 1664, expect 1645 and 1634.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (1682) but above its 50 period moving average (1653).

Supports and resistances:

1736 **

1725 *

1714 **

1703

1680 last

1672

1664 **

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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