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Ether / Dollar intraday: above its upper Bollinger band

2024-02-06
205

Our pivot point stands at 2287.

Our preference: the upside prevails as long as 2287 is support.

Alternative scenario: the downside breakout of 2287 would call for 2245 and 2219.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2299 and 2304). Finally, the Ether / Dollar is trading above its upper Bollinger band (standing at 2321).

Supports and resistances:

2453 **

2428 *

2402 **

2377

2322 last

2304

2287 **

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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