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Ether / Dollar intraday: our next up target stands at 3205

2024-04-19
688

Our pivot point is at 2938.

Our preference: our next up target stands at 3205.

Alternative scenario: below 2938, expect 2862 and 2817.

Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3015 and 3026).

Supports and resistances:

3297 **

3251 *

3205 **

3159

3062 last

2967

2938 **

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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