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Ether / Dollar intraday: as long as 3631 is support look for 3824

2024-03-05
252

Our pivot point stands at 3631.

Our preference: as long as 3631 is support look for 3824.

Alternative scenario: the downside breakout of 3631 would call for 3565 and 3526.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3663 and 3588).

Supports and resistances:

3903 **

3863 *

3824 **

3784

3688 last

3657

3631 **

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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