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Ether / Dollar intraday: as long as 3252 is support look for 3473

2024-04-29
418

Our pivot point stands at 3252.

Our preference: as long as 3252 is support look for 3473.

Alternative scenario: the downside breakout of 3252 would call for 3168 and 3118.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3311 and 3291).

Supports and resistances:

3573 **

3523 *

3473 **

3423

3319 last

3285

3252 **

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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