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Ether / Dollar intraday: as long as 3413 is support look for 3576

2024-03-25
291

3413 is our pivot point.

Our preference: as long as 3413 is support look for 3576.

Alternative scenario: the downside breakout of 3413 would call for 3352 and 3316.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3455 and 3412).

Supports and resistances:

3649 **

3613 *

3576 **

3540

3461 last

3437

3413 **

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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