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Ether / Dollar intraday: the upside prevails as long as 3171 is support

2024-02-27
729

Our pivot point is at 3171.

Our preference: the upside prevails as long as 3171 is support.

Alternative scenario: below 3171, expect 3113 and 3079.

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 above its 20 and 50 period moving average (respectively at 3196 and 3137).

Supports and resistances:

3401 **

3366 *

3332 **

3297

3216 last

3193

3171 **

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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