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Ether / Dollar intraday: the downside prevails as long as 4006 is resistance

2024-03-14
754

Our pivot point is at 4006.

Our preference: the downside prevails as long as 4006 is resistance.

Alternative scenario: above 4006, look for 4069 and 4107.

Comment: the RSI is below 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 3988 and 4007).

Supports and resistances:

4107 **

4069 *

4006 **

3981

3956 last

3879

3841 **

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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