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Ether / Dollar intraday: the upside prevails as long as 3495 is support

2024-04-11
278

3495 is our pivot point.

Our preference: the upside prevails as long as 3495 is support.

Alternative scenario: the downside breakout of 3495 would call for 3412 and 3362.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3538 and 3520).

Supports and resistances:

3809 **

3760 *

3710 **

3661

3562 last

3528

3495 **

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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