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Ether / Dollar intraday: technical rebound towards 1819 before a new drop


Our pivot point is at 1819.

Our preference: technical rebound towards 1819 before a new drop.

Alternative scenario: the upside breakout of 1819, would call for 1842 and 1855.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above its 20 period moving average (1784) but under its 50 period moving average (1804).

Supports and resistances:

1855 **

1842 *

1819 **


1801 last


1761 **

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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