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Ether / Dollar intraday: the downside prevails as long as 2997 is resistance

2024-02-23
748

Our pivot point stands at 2997.

Our preference: the downside prevails as long as 2997 is resistance.

Alternative scenario: above 2997, look for 3051 and 3084.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2973 and 2977).

Supports and resistances:

3084 **

3051 *

2997 **

2975

2954 last

2889

2856 **

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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