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Ether / Dollar intraday: as long as 3678 is support look for 3845

2024-03-16
1011

Our pivot point is at 3678.

Our preference: as long as 3678 is support look for 3845.

Alternative scenario: the downside breakout of 3678 would call for 3619 and 3583.

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 (3733) but above its 50 period moving average (3707).

Supports and resistances:

3917 **

3881 *

3845 **

3810

3728 last

3702

3678 **

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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