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Ether / Dollar intraday: the downside prevails as long as 3165 is resistance

2024-05-06
838

3165 is our pivot point.

Our preference: the downside prevails as long as 3165 is resistance.

Alternative scenario: above 3165, look for 3242 and 3288.

Comment: the RSI is below its neutrality area at 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 3161 and 3151).

Supports and resistances:

3288 **

3242 *

3165 **

3135

3102 last

3008

2962 **

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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