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Ether / Dollar intraday: the upside prevails as long as 2926 is support

2024-02-21
852

Our pivot point stands at 2926.

Our preference: the upside prevails as long as 2926 is support.

Alternative scenario: below 2926, expect 2871 and 2838.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2942 and 2934).

Supports and resistances:

3143 **

3111 *

3078 **

3045

2975 last

2947

2926 **

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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