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Ether / Dollar intraday: above its upper Bollinger band

2024-05-07
997

Our pivot point stands at 3049.

Our preference: the upside prevails as long as 3049 is support.

Alternative scenario: below 3049, expect 2973 and 2927.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 3075 and 3097). Finally, the Ether / Dollar is trading above its upper Bollinger band (standing at 3113).

Supports and resistances:

3347 **

3302 *

3256 **

3210

3117 last

3079

3049 **

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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