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Ether / Dollar intraday: rebound

2024-02-24
323

Our pivot point is at 2898.

Our preference: rebound.

Alternative scenario: the downside breakout of 2898 would call for 2843 and 2811.

Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (2937) but below its 50 period moving average (2952).

Supports and resistances:

3108 **

3075 *

3043 **

3011

2944 last

2919

2898 **

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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