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Ether / Dollar intraday: the upside prevails as long as 3509 is support

2024-03-28
960

Our pivot point stands at 3509.

Our preference: the upside prevails as long as 3509 is support.

Alternative scenario: the downside breakout of 3509 would call for 3432 and 3387.

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 3517 and 3532).

Supports and resistances:

3802 **

3756 *

3710 **

3665

3570 last

3539

3509 **

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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