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Ether / Dollar intraday: the upside prevails as long as 2950 is support

2024-05-03
702

Our pivot point is at 2950.

Our preference: the upside prevails as long as 2950 is support.

Alternative scenario: below 2950, expect 2875 and 2830.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2993 and 2966).

Supports and resistances:

3232 **

3187 *

3143 **

3098

3009 last

2979

2950 **

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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