CM Trade

Download APP to receive bonus

GET

Ether / Dollar intraday: target 3427

2024-03-29
314

Our pivot point is at 3623.

Our preference: target 3427.

Alternative scenario: the upside breakout of 3623, would call for 3699 and 3744.

Comment: the RSI is below its neutrality area at 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 (3564) but above its 50 period moving average (3561).

Supports and resistances:

3744 **

3699 *

3623 **

3593

3563 last

3472

3427 **

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