CM Trade

Download APP to receive bonus

GET

Ether / Dollar intraday: rebound

2024-02-17
988

Our pivot point stands at 2753.

Our preference: rebound.

Alternative scenario: below 2753, expect 2703 and 2673.

Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (2792) but below its 50 period moving average (2799).

Supports and resistances:

2950 **

2920 *

2889 **

2859

2795 last

2773

2753 **

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