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Ether / Dollar intraday: as long as 3493 is support look for 3661

2024-03-21
67

Our pivot point stands at 3493.

Our preference: as long as 3493 is support look for 3661.

Alternative scenario: the downside breakout of 3493 would call for 3431 and 3394.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 3534 and 3475).

Supports and resistances:

3735 **

3698 *

3661 **

3624

3545 last

3517

3493 **

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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