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Ether / Dollar ST: under pressure below 2568
2024-01-23
560
Our pivot point stands at 2568.
Our preference: under pressure below 2568.
Alternative scenario: the upside breakout of 2568, would call for 2877 and 3060.
Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2430 and 2339).
Supports and resistances:
3060 **
2877 *
2568 **
2446
2323 last
1945
1763 **
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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