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Ether / Dollar intraday: target 3005

2024-04-26
919

Our pivot point stands at 3212.

Our preference: target 3005.

Alternative scenario: above 3212, look for 3292 and 3340.

Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (3159) but above its 50 period moving average (3144).

Supports and resistances:

3340 **

3292 *

3212 **

3181

3150 last

3052

3005 **

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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