Ether / Dollar intraday: the upside prevails as long as 2586 is support

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2024-09-24 21:50Source:TC

Our pivot point is at 2586.

Our preference: the upside prevails as long as 2586 is support.

Alternative scenario: the downside breakout of 2586 would call for 2519 and 2480.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2632 and 2638).

Supports and resistances:

2842 **

2802 *

2762 **

2723

2644 last

2612

2586 **

2519 *

2480 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 09-24-2024 at 21:50 UTC+1

Price reference: 2644 last known on 09-24-2024 at 21:50 UTC+1

Investment horizon: INTRADAY

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