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Ether / Dollar intraday: below its lower Bollinger band

2024-03-19
892

Our pivot point stands at 3465.

Our preference: the downside prevails as long as 3465 is resistance.

Alternative scenario: above 3465, look for 3525 and 3560.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3498 and 3550). Finally, the Ether / Dollar has penetrated its lower Bollinger band (3423).

Supports and resistances:

3560 **

3525 *

3465 **

3441

3409 last

3313

3278 **

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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