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Ether / Dollar intraday: the upside prevails as long as 3887 is support

2024-03-08
85

Our pivot point is at 3887.

Our preference: the upside prevails as long as 3887 is support.

Alternative scenario: below 3887, expect 3816 and 3774.

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 above its 20 and 50 period moving average (respectively at 3916 and 3870).

Supports and resistances:

4158 **

4116 *

4074 **

4032

3947 last

3915

3887 **

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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