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Ether / Dollar intraday: the upside prevails as long as 3660 is support
2024-03-05
693
Our pivot point stands at 3660.
Our preference: the upside prevails as long as 3660 is support.
Alternative scenario: the downside breakout of 3660 would call for 3593 and 3554.
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 trading above both its 20 and 50 period moving average (respectively at 3651 and 3579).
Supports and resistances:
3928 **
3888 *
3848 **
3809
3712 last
3686
3660 **
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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