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Ether / Dollar intraday: below its lower Bollinger band
2024-02-26
602
Our pivot point stands at 3106.
Our preference: the downside prevails as long as 3106 is resistance.
Alternative scenario: the upside breakout of 3106, would call for 3162 and 3196.
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 stands below its 20 and 50 period moving average (respectively at 3099 and 3076). Finally, the Ether / Dollar is trading below its lower Bollinger band (standing at 3068).
Supports and resistances:
3196 **
3162 *
3106 **
3083
3059 last
2992
2958 **
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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