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Ether / Dollar intraday: the downside prevails as long as 2390 is resistance
2023-12-29
236
Our pivot point is at 2390.
Our preference: the downside prevails as long as 2390 is resistance.
Alternative scenario: the upside breakout of 2390, would call for 2432 and 2458.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2373 and 2383).
Supports and resistances:
2458 **
2432 *
2390 **
2373
2356 last
2292
2267 **
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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