CM Trade

Download APP to receive bonus

GET

Ether / Dollar intraday: the upside prevails as long as 2898 is support

2024-02-22
312

Our pivot point stands at 2898.

Our preference: the upside prevails as long as 2898 is support.

Alternative scenario: the downside breakout of 2898 would call for 2844 and 2811.

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 above its 20 and 50 period moving average (respectively at 2931 and 2925).

Supports and resistances:

3104 **

3071 *

3039 **

3007

2942 last

2920

2898 **

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.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More