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Ether / Dollar intraday: our next up target stands at 3072

2024-05-02
966

Our pivot point is at 2882.

Our preference: our next up target stands at 3072.

Alternative scenario: below 2882, expect 2809 and 2766.

Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2929 and 2919).

Supports and resistances:

3160 **

3116 *

3072 **

3029

2941 last

2911

2882 **

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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