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Ether / Dollar intraday: as long as 2219 is support look for 2335

2024-01-27
852

Our pivot point is at 2219.

Our preference: as long as 2219 is support look for 2335.

Alternative scenario: the downside breakout of 2219 would call for 2176 and 2150.

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 under its 20 period moving average (2259) but above its 50 period moving average (2234).

Supports and resistances:

2387 **

2361 *

2335 **

2310

2255 last

2236

2219 **

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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