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Ether / Dollar intraday: below its lower Bollinger band
2024-03-18
508
3577 is our pivot point.
Our preference: the downside prevails as long as 3577 is resistance.
Alternative scenario: the upside breakout of 3577, would call for 3633 and 3667.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3588 and 3605). Finally, the Ether / Dollar has penetrated its lower Bollinger band (3519).
Supports and resistances:
3667 **
3633 *
3577 **
3555
3518 last
3450
3417 **
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