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Ether / Dollar intraday: the downside prevails as long as 3842 is resistance
2024-03-07
884
Our pivot point is at 3842.
Our preference: the downside prevails as long as 3842 is resistance.
Alternative scenario: above 3842, look for 3910 and 3951.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3837 and 3796).
Supports and resistances:
3951 **
3910 *
3842 **
3816
3786 last
3705
3665 **
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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