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Ether / Dollar intraday: under pressure below 2867

2024-02-16
360

2867 is our pivot point.

Our preference: under pressure below 2867.

Alternative scenario: the upside breakout of 2867, would call for 2919 and 2949.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2837 and 2822).

Supports and resistances:

2949 **

2919 *

2867 **

2847

2818 last

2757

2726 **

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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