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Ether / Dollar intraday: the downside prevails as long as 3402 is resistance

2024-03-19
845

Our pivot point stands at 3402.

Our preference: the downside prevails as long as 3402 is resistance.

Alternative scenario: the upside breakout of 3402, would call for 3460 and 3495.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3426 and 3497).

Supports and resistances:

3495 **

3460 *

3402 **

3379

3355 last

3265

3231 **

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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