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Ether / Dollar intraday: above its upper Bollinger band

2024-03-07
582

Our pivot point stands at 3767.

Our preference: the upside prevails as long as 3767 is support.

Alternative scenario: the downside breakout of 3767 would call for 3698 and 3658.

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 3793 and 3812). Finally, the Ether / Dollar has crossed above its upper Bollinger band (3828).

Supports and resistances:

4037 **

3996 *

3955 **

3914

3833 last

3794

3767 **

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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