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Ether / Dollar intraday: as long as 3975 is support look for 4169

2024-03-12
228

Our pivot point is at 3975.

Our preference: as long as 3975 is support look for 4169.

Alternative scenario: below 3975, expect 3903 and 3860.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (4042) but above its 50 period moving average (3957).

Supports and resistances:

4255 **

4212 *

4169 **

4126

4039 last

4004

3975 **

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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