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Ether / Dollar intraday: the upside prevails as long as 3893 is support

2024-03-10
810

Our pivot point is at 3893.

Our preference: the upside prevails as long as 3893 is support.

Alternative scenario: the downside breakout of 3893 would call for 3822 and 3780.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3935 and 3923).

Supports and resistances:

4163 **

4121 *

4079 **

4036

3950 last

3921

3893 **

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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