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Ether / Dollar intraday: the upside prevails as long as 2808 is support

2024-02-16
610

Our pivot point is at 2808.

Our preference: the upside prevails as long as 2808 is support.

Alternative scenario: the downside breakout of 2808 would call for 2756 and 2726.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2829 and 2813).

Supports and resistances:

3003 **

2973 *

2942 **

2911

2849 last

2828

2808 **

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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