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Ether / Dollar intraday: the downside prevails as long as 3704 is resistance
2024-04-09
692
Our pivot point stands at 3704.
Our preference: the downside prevails as long as 3704 is resistance.
Alternative scenario: above 3704, look for 3789 and 3840.
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 3646 and 3666).
Supports and resistances:
3840 **
3789 *
3704 **
3671
3631 last
3519
3469 **
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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