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Ether / Dollar intraday: the upside prevails as long as 2941 is support

2024-02-25
942

Our pivot point is at 2941.

Our preference: the upside prevails as long as 2941 is support.

Alternative scenario: below 2941, expect 2886 and 2853.

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 2970 and 2952).

Supports and resistances:

3153 **

3120 *

3087 **

3054

2987 last

2963

2941 **

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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