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Ether / Dollar intraday: the downside prevails as long as 4080 is resistance
2024-03-12
524
Our pivot point is at 4080.
Our preference: the downside prevails as long as 4080 is resistance.
Alternative scenario: above 4080, look for 4144 and 4183.
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 4048 and 4040).
Supports and resistances:
4183 **
4144 *
4080 **
4054
4028 last
3943
3905 **
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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