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Ether / Dollar intraday: as long as 2385 is support look for 2502

2024-02-08
219

Our pivot point is at 2385.

Our preference: as long as 2385 is support look for 2502.

Alternative scenario: below 2385, expect 2341 and 2314.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (2428) but above its 50 period moving average (2403).

Supports and resistances:

2555 **

2528 *

2502 **

2475

2420 last

2403

2385 **

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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