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Ether / Dollar intraday: the downside prevails as long as 3119 is resistance
2024-03-20
580
3119 is our pivot point.
Our preference: the downside prevails as long as 3119 is resistance.
Alternative scenario: the upside breakout of 3119, would call for 3173 and 3205.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3198 and 3259).
Supports and resistances:
3205 **
3173 *
3119 **
3098
3074 last
3004
2972 **
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