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Ether / Dollar intraday: as long as 3213 is support look for 3382

2024-02-27
902

Our pivot point stands at 3213.

Our preference: as long as 3213 is support look for 3382.

Alternative scenario: the downside breakout of 3213 would call for 3155 and 3120.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3246 and 3204).

Supports and resistances:

3451 **

3416 *

3382 **

3347

3273 last

3236

3213 **

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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