CM Trade

Download APP to receive bonus

GET

Ether / Dollar intraday: as long as 3194 is support look for 3356

2024-02-28
788

Our pivot point stands at 3194.

Our preference: as long as 3194 is support look for 3356.

Alternative scenario: the downside breakout of 3194 would call for 3136 and 3101.

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 under its 20 period moving average (3249) but above its 50 period moving average (3228).

Supports and resistances:

3426 **

3391 *

3356 **

3322

3249 last

3216

3194 **

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