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Ether / Dollar intraday: the downside prevails as long as 4031 is resistance

2024-03-14
483

4031 is our pivot point.

Our preference: the downside prevails as long as 4031 is resistance.

Alternative scenario: above 4031, look for 4095 and 4133.

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 3991 and 4015).

Supports and resistances:

4133 **

4095 *

4031 **

4006

3965 last

3883

3845 **

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.

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