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Ether / Dollar intraday: below its lower Bollinger band

2024-04-14
153

Our pivot point stands at 3277.

Our preference: the downside prevails as long as 3277 is resistance.

Alternative scenario: above 3277, look for 3352 and 3396.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3251 and 3241). Finally, the Ether / Dollar is trading below its lower Bollinger band (standing at 3184).

Supports and resistances:

3396 **

3352 *

3277 **

3247

3172 last

3084

3040 **

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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