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Ether / Dollar intraday: as long as 1806 is support look for 1874

2023-10-24
909

Our pivot point is at 1806.

Our preference: as long as 1806 is support look for 1874.

Alternative scenario: the downside breakout of 1806 would call for 1783 and 1769.

Comment: the RSI is above 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 1824 and 1767).

Supports and resistances:

1901 **

1888 *

1874 **

1861

1825 last

1814

1806 **

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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