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Ether / Dollar intraday: the downside prevails as long as 3907 is resistance

2024-03-15
392

Our pivot point is at 3907.

Our preference: the downside prevails as long as 3907 is resistance.

Alternative scenario: the upside breakout of 3907, would call for 3968 and 4005.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3873 and 3940).

Supports and resistances:

4005 **

3968 *

3907 **

3882

3857 last

3758

3721 **

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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