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Ether / Dollar intraday: rebound towards 1702
2023-10-03
981
1649 is our pivot point.
Our preference: rebound towards 1702.
Alternative scenario: the downside breakout of 1649 would call for 1629 and 1617.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1665) but below its 50 period moving average (1687).
Supports and resistances:
1726 **
1714 *
1702 **
1691
1667 last
1657
1649 **
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