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Ether / Dollar intraday: the downside prevails as long as 3461 is resistance

2024-03-03
118

3461 is our pivot point.

Our preference: the downside prevails as long as 3461 is resistance.

Alternative scenario: above 3461, look for 3522 and 3558.

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 3421 and 3429).

Supports and resistances:

3558 **

3522 *

3461 **

3437

3411 last

3337

3300 **

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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