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Ether / Dollar intraday: the upside prevails as long as 2905 is support

2024-02-20
475

Our pivot point stands at 2905.

Our preference: the upside prevails as long as 2905 is support.

Alternative scenario: the downside breakout of 2905 would call for 2851 and 2818.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2933 and 2931).

Supports and resistances:

3133 **

3101 *

3068 **

3035

2948 last

2926

2905 **

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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