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Ether / Dollar intraday: rebound towards 3475

2024-03-01
613

3318 is our pivot point.

Our preference: rebound towards 3475.

Alternative scenario: the downside breakout of 3318 would call for 3258 and 3222.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3369 and 3423).

Supports and resistances:

3546 **

3510 *

3475 **

3439

3365 last

3342

3318 **

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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