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Ether / Dollar intraday: the downside prevails as long as 3853 is resistance
2024-03-07
512
Our pivot point stands at 3853.
Our preference: the downside prevails as long as 3853 is resistance.
Alternative scenario: above 3853, look for 3921 and 3961.
Comment: the RSI is below 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 3819 and 3820).
Supports and resistances:
3961 **
3921 *
3853 **
3826
3799 last
3718
3677 **
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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