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Ether / Dollar intraday: as long as 3152 is resistance look for 2977
2024-07-11
540
Our pivot point stands at 3152.
Our preference: as long as 3152 is resistance look for 2977.
Alternative scenario: the upside breakout of 3152, would call for 3219 and 3259.
Comment: the RSI is above 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI would call for further downside. Moreover, the price is trading above its 20 period moving average (3096) but under its 50 period moving average (3100).
Supports and resistances:
3259 **
3219 *
3152 **
3126
3096 last
3017
2977 **
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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