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Ether / Dollar intraday: the downside prevails as long as 1652 is resistance
2023-10-05
743
Our pivot point stands at 1652.
Our preference: the downside prevails as long as 1652 is resistance.
Alternative scenario: the upside breakout of 1652, would call for 1672 and 1684.
Comment: the RSI is below its neutrality area at 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 1643 and 1643).
Supports and resistances:
1684 **
1672 *
1652 **
1645
1636 last
1613
1601 **
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