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Ether / Dollar intraday: the downside prevails as long as 4062 is resistance
2024-03-12
181
4062 is our pivot point.
Our preference: the downside prevails as long as 4062 is resistance.
Alternative scenario: above 4062, look for 4126 and 4164.
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 stands below its 20 and 50 period moving average (respectively at 4034 and 4040).
Supports and resistances:
4164 **
4126 *
4062 **
4036
4004 last
3926
3888 **
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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