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Ether / Dollar intraday: rebound towards 1677

2023-10-04
1199

Our pivot point is at 1626.

Our preference: rebound towards 1677.

Alternative scenario: below 1626, expect 1606 and 1594.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1644 and 1648).

Supports and resistances:

1701 **

1689 *

1677 **

1666

1642 last

1633

1626 **

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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