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Ether / Dollar intraday: above its upper Bollinger band

2023-10-06
442

Our pivot point is at 1620.

Our preference: the upside prevails as long as 1620 is support.

Alternative scenario: below 1620, expect 1600 and 1589.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1623 and 1626). Finally, the Ether / Dollar has crossed above its upper Bollinger band (1635).

Supports and resistances:

1696 **

1684 *

1672 **

1661

1635 last

1628

1620 **

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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