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Ether / Dollar intraday: the downside prevails as long as 3569 is resistance

2024-03-28
1043

Our pivot point stands at 3569.

Our preference: the downside prevails as long as 3569 is resistance.

Alternative scenario: the upside breakout of 3569, would call for 3644 and 3689.

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 3533 and 3568).

Supports and resistances:

3689 **

3644 *

3569 **

3540

3509 last

3409

3364 **

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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