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Ether / Dollar intraday: the downside prevails as long as 2272 is resistance

2023-12-26
1001

Our pivot point is at 2272.

Our preference: the downside prevails as long as 2272 is resistance.

Alternative scenario: the upside breakout of 2272, would call for 2312 and 2336.

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 2262 and 2272).

Supports and resistances:

2336 **

2312 *

2272 **

2256

2238 last

2188

2164 **

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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