CM Trade

Download APP to receive bonus

GET

Ether / Dollar intraday: as long as 2851 is support look for 2988

2024-02-19
297

Our pivot point stands at 2851.

Our preference: as long as 2851 is support look for 2988.

Alternative scenario: the downside breakout of 2851 would call for 2799 and 2767.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2872 and 2833).

Supports and resistances:

3051 **

3019 *

2988 **

2957

2893 last

2872

2851 **

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.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More