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Ether / Dollar intraday: the upside prevails as long as 1632 is support
2023-10-05
938
Our pivot point stands at 1632.
Our preference: the upside prevails as long as 1632 is support.
Alternative scenario: the downside breakout of 1632 would call for 1612 and 1600.
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 1645 and 1643).
Supports and resistances:
1706 **
1694 *
1683 **
1671
1647 last
1640
1632 **
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