Ether / Dollar intraday: rebound

Limited Increase
u
2024-10-03 21:50Source:TC

2298 is our pivot point.

Our preference: rebound.

Alternative scenario: below 2298, expect 2240 and 2205.

Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (2342) but below its 50 period moving average (2362).

Supports and resistances:

2523 **

2488 *

2453 **

2419

2349 last

2321

2298 **

2240 *

2205 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-03-2024 at 21:50 UTC+1

Price reference: 2349 last known on 10-03-2024 at 21:50 UTC+1

Investment horizon: INTRADAY

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