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Ether / Dollar intraday: the upside prevails as long as 3397 is support
2024-02-29
741
Our pivot point is at 3397.
Our preference: the upside prevails as long as 3397 is support.
Alternative scenario: the downside breakout of 3397 would call for 3336 and 3299.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 3356 and 3321).
Supports and resistances:
3634 **
3597 *
3560 **
3523
3446 last
3422
3397 **
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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