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Ether / Dollar intraday: the downside prevails as long as 3358 is resistance

2024-04-05
501

Our pivot point stands at 3358.

Our preference: the downside prevails as long as 3358 is resistance.

Alternative scenario: above 3358, look for 3431 and 3474.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3341 and 3334).

Supports and resistances:

3474 **

3431 *

3358 **

3330

3300 last

3214

3170 **

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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