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Ether / Dollar intraday: the downside prevails as long as 2975 is resistance
2024-02-23
722
2975 is our pivot point.
Our preference: the downside prevails as long as 2975 is resistance.
Alternative scenario: above 2975, look for 3029 and 3061.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2954 and 2972).
Supports and resistances:
3061 **
3029 *
2975 **
2954
2932 last
2866
2834 **
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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