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Ether / Dollar intraday: rebound

2024-03-14
629

Our pivot point stands at 3942.

Our preference: rebound.

Alternative scenario: below 3942, expect 3878 and 3840.

Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (3982) but under its 50 period moving average (3996).

Supports and resistances:

4186 **

4147 *

4109 **

4071

3995 last

3967

3942 **

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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