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Ether / Dollar intraday: rebound towards 3431

2024-04-05
574

Our pivot point stands at 3242.

Our preference: rebound towards 3431.

Alternative scenario: the downside breakout of 3242 would call for 3170 and 3127.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (3297) but under its 50 period moving average (3332).

Supports and resistances:

3517 **

3474 *

3431 **

3388

3299 last

3271

3242 **

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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