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Ether / Dollar intraday: the upside prevails as long as 2896 is support

2024-02-22
953

Our pivot point stands at 2896.

Our preference: the upside prevails as long as 2896 is support.

Alternative scenario: the downside breakout of 2896 would call for 2842 and 2810.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2923 and 2939).

Supports and resistances:

3103 **

3070 *

3038 **

3005

2939 last

2918

2896 **

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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