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Ether / Dollar intraday: the downside prevails as long as 2977 is resistance
2024-05-02
202
Our pivot point is at 2977.
Our preference: the downside prevails as long as 2977 is resistance.
Alternative scenario: above 2977, look for 3050 and 3093.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2936 and 2918).
Supports and resistances:
3093 **
3050 *
2977 **
2949
2915 last
2826
2783 **
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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