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Ether / Dollar intraday: as long as 3435 is support look for 3599

2024-02-29
195

Our pivot point stands at 3435.

Our preference: as long as 3435 is support look for 3599.

Alternative scenario: below 3435, expect 3373 and 3336.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3472 and 3410).

Supports and resistances:

3673 **

3636 *

3599 **

3562

3487 last

3460

3435 **

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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