CM Trade

Download APP to receive bonus

GET

Ether / Dollar intraday: the downside prevails as long as 3154 is resistance

2024-07-12
259

Our pivot point is at 3154.

Our preference: the downside prevails as long as 3154 is resistance.

Alternative scenario: the upside breakout of 3154, would call for 3221 and 3261.

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 3119 and 3119).

Supports and resistances:

3261 **

3221 *

3154 **

3127

3101 last

3019

2979 **

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.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More