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Ether / Dollar intraday: the upside prevails as long as 3398 is support
2024-03-01
877
3398 is our pivot point.
Our preference: the upside prevails as long as 3398 is support.
Alternative scenario: the downside breakout of 3398 would call for 3337 and 3300.
Comment: the RSI is above 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 3411 and 3399).
Supports and resistances:
3632 **
3595 *
3558 **
3521
3447 last
3423
3398 **
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