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Ether / Dollar intraday: rebound towards 1681

2023-10-04
489

1630 is our pivot point.

Our preference: rebound towards 1681.

Alternative scenario: below 1630, expect 1610 and 1598.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (1644) but under its 50 period moving average (1651).

Supports and resistances:

1705 **

1693 *

1681 **

1669

1645 last

1637

1630 **

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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