CM Trade

Download APP to receive bonus

GET

Ether / Dollar intraday: the downside prevails as long as 2983 is resistance

2024-02-23
315

2983 is our pivot point.

Our preference: the downside prevails as long as 2983 is resistance.

Alternative scenario: the upside breakout of 2983, would call for 3037 and 3069.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2963 and 2977).

Supports and resistances:

3069 **

3037 *

2983 **

2961

2935 last

2870

2838 **

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