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Ether / Dollar intraday: the downside prevails as long as 3339 is resistance

2024-02-29
793

Our pivot point stands at 3339.

Our preference: the downside prevails as long as 3339 is resistance.

Alternative scenario: the upside breakout of 3339, would call for 3398 and 3433.

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 stands below its 20 and 50 period moving average (respectively at 3336 and 3297).

Supports and resistances:

3433 **

3398 *

3339 **

3316

3283 last

3191

3156 **

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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