CM Trade

Download APP to receive bonus

GET

Ether / Dollar intraday: above its upper Bollinger band

2024-04-22
225

Our pivot point stands at 3127.

Our preference: the upside prevails as long as 3127 is support.

Alternative scenario: the downside breakout of 3127 would call for 3046 and 2998.

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 trading above both its 20 and 50 period moving average (respectively at 3157 and 3160). Finally, the Ether / Dollar has crossed above its upper Bollinger band (3189).

Supports and resistances:

3434 **

3386 *

3337 **

3289

3190 last

3158

3127 **

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