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Ether / Dollar intraday: the downside prevails as long as 1655 is resistance
2023-10-04
1165
Our pivot point is at 1655.
Our preference: the downside prevails as long as 1655 is resistance.
Alternative scenario: the upside breakout of 1655, would call for 1675 and 1686.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1651 and 1657).
Supports and resistances:
1686 **
1675 *
1655 **
1647
1640 last
1616
1604 **
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