CM Trade

Download APP to receive bonus

GET

Ether / Dollar intraday: as long as 1797 is support look for 1856

2023-10-24
569

1797 is our pivot point.

Our preference: as long as 1797 is support look for 1856.

Alternative scenario: the downside breakout of 1797 would call for 1774 and 1761.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1803 and 1736).

Supports and resistances:

1883 **

1870 *

1856 **

1843

1816 last

1806

1797 **

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.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More