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Ether / Dollar intraday: as long as 2721 is support look for 2855

2024-02-15
298

2721 is our pivot point.

Our preference: as long as 2721 is support look for 2855.

Alternative scenario: the downside breakout of 2721 would call for 2671 and 2641.

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 above both its 20 and 50 period moving average (respectively at 2752 and 2692).

Supports and resistances:

2915 **

2885 *

2855 **

2825

2765 last

2741

2721 **

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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