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Ether / Dollar intraday: as long as 2391 is support look for 2511

2024-02-08
1044

Our pivot point is at 2391.

Our preference: as long as 2391 is support look for 2511.

Alternative scenario: the downside breakout of 2391 would call for 2346 and 2320.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2422 and 2419).

Supports and resistances:

2564 **

2538 *

2511 **

2484

2427 last

2409

2391 **

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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