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Ether / Dollar intraday: rebound towards 3215

2024-05-07
948

Our pivot point is at 3009.

Our preference: rebound towards 3215.

Alternative scenario: the downside breakout of 3009 would call for 2933 and 2888.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (3077) but under its 50 period moving average (3122).

Supports and resistances:

3306 **

3261 *

3215 **

3170

3078 last

3038

3009 **

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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