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Ether / Dollar intraday: the downside prevails as long as 3111 is resistance

2024-07-10
856

Our pivot point is at 3111.

Our preference: the downside prevails as long as 3111 is resistance.

Alternative scenario: above 3111, look for 3177 and 3216.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3060 and 3066).

Supports and resistances:

3216 **

3177 *

3111 **

3085

3059 last

2979

2939 **

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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