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Ether / Dollar intraday: as long as 2855 is support look for 2990

2024-02-19
259

Our pivot point is at 2855.

Our preference: as long as 2855 is support look for 2990.

Alternative scenario: the downside breakout of 2855 would call for 2802 and 2771.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (2910) but above its 50 period moving average (2872).

Supports and resistances:

3053 **

3022 *

2990 **

2959

2896 last

2876

2855 **

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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