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Ether / Dollar intraday: as long as 3661 is resistance look for 3462

2024-03-27
1011

Our pivot point is at 3661.

Our preference: as long as 3661 is resistance look for 3462.

Alternative scenario: above 3661, look for 3738 and 3783.

Comment: the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price stands above its 20 period moving average (3598) but below its 50 period moving average (3609).

Supports and resistances:

3783 **

3738 *

3661 **

3630

3600 last

3508

3462 **

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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