CM Trade

Download APP to receive bonus

GET

Ether / Dollar intraday: below its lower Bollinger band

2024-04-09
214

Our pivot point stands at 3750.

Our preference: under pressure below 3750.

Alternative scenario: above 3750, look for 3835 and 3887.

Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3694 and 3648). Finally, the Ether / Dollar has penetrated its lower Bollinger band (3661).

Supports and resistances:

3887 **

3835 *

3750 **

3716

3645 last

3536

3486 **

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.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More