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Ether / Dollar intraday: as long as 2954 is support look for 3099

2024-02-21
1058

Our pivot point stands at 2954.

Our preference: as long as 2954 is support look for 3099.

Alternative scenario: below 2954, expect 2899 and 2866.

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 2999 and 2958).

Supports and resistances:

3165 **

3132 *

3099 **

3066

2999 last

2976

2954 **

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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