CM Trade

Download APP to receive bonus

GET

Ether / Dollar intraday: the downside prevails as long as 1657 is resistance

2023-10-04
420

1657 is our pivot point.

Our preference: the downside prevails as long as 1657 is resistance.

Alternative scenario: above 1657, look for 1677 and 1688.

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 1649 and 1655).

Supports and resistances:

1688 **

1677 *

1657 **

1649

1640 last

1617

1605 **

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.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More