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Ether / Dollar intraday: target 2988

2024-02-26
378

Our pivot point is at 3147.

Our preference: target 2988.

Alternative scenario: the upside breakout of 3147, would call for 3204 and 3238.

Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (3105) but above its 50 period moving average (3072).

Supports and resistances:

3238 **

3204 *

3147 **

3124

3090 last

3022

2988 **

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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