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Ether / Dollar intraday: above its upper Bollinger band

2024-03-01
725

Our pivot point stands at 3376.

Our preference: the upside prevails as long as 3376 is support.

Alternative scenario: below 3376, expect 3314 and 3278.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3383 and 3407). Finally, the Ether / Dollar is trading above its upper Bollinger band (standing at 3423).

Supports and resistances:

3609 **

3572 *

3536 **

3499

3424 last

3400

3376 **

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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