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Ether / Dollar intraday: as long as 3835 is support look for 4014

2024-03-08
178

3835 is our pivot point.

Our preference: as long as 3835 is support look for 4014.

Alternative scenario: below 3835, expect 3765 and 3724.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (3898) but above its 50 period moving average (3847).

Supports and resistances:

4097 **

4056 *

4014 **

3973

3890 last

3862

3835 **

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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