CM Trade

Download APP to receive bonus

GET

Ether / Dollar intraday: the downside prevails as long as 3037 is resistance

2024-05-03
979

Our pivot point stands at 3037.

Our preference: the downside prevails as long as 3037 is resistance.

Alternative scenario: above 3037, look for 3111 and 3155.

Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2996 and 2987).

Supports and resistances:

3155 **

3111 *

3037 **

3007

2978 last

2890

2846 **

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