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Ether / Dollar intraday: target 3418

2024-03-29
951

Our pivot point is at 3626.

Our preference: target 3418.

Alternative scenario: above 3626, look for 3702 and 3747.

Comment: the RSI is below 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 (3572) but above its 50 period moving average (3546).

Supports and resistances:

3747 **

3702 *

3626 **

3596

3563 last

3463

3418 **

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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