CM Trade

Download APP to receive bonus

GET

Ether / Dollar intraday: the downside prevails as long as 3557 is resistance

2024-03-30
153

3557 is our pivot point.

Our preference: the downside prevails as long as 3557 is resistance.

Alternative scenario: the upside breakout of 3557, would call for 3632 and 3677.

Comment: the RSI is below 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 3515 and 3541).

Supports and resistances:

3677 **

3632 *

3557 **

3528

3497 last

3406

3362 **

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.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More