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Ether / Dollar intraday: as long as 3806 is support look for 4018

2024-03-07
130

Our pivot point stands at 3806.

Our preference: as long as 3806 is support look for 4018.

Alternative scenario: the downside breakout of 3806 would call for 3737 and 3696.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 3840 and 3717).

Supports and resistances:

4101 **

4059 *

4018 **

3976

3877 last

3833

3806 **

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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