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Ether / Dollar intraday: the upside prevails as long as 3131 is support

2024-02-27
994

Our pivot point stands at 3131.

Our preference: the upside prevails as long as 3131 is support.

Alternative scenario: the downside breakout of 3131 would call for 3072 and 3037.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3122 and 3107).

Supports and resistances:

3364 **

3329 *

3294 **

3259

3188 last

3154

3131 **

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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