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Ether / Dollar intraday: as long as 3422 is support look for 3587

2024-03-21
295

Our pivot point stands at 3422.

Our preference: as long as 3422 is support look for 3587.

Alternative scenario: below 3422, expect 3361 and 3325.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (3507) but above its 50 period moving average (3365).

Supports and resistances:

3660 **

3623 *

3587 **

3551

3478 last

3445

3422 **

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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