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Ether / Dollar intraday: the downside prevails as long as 2247 is resistance

2024-01-25
451

Our pivot point stands at 2247.

Our preference: the downside prevails as long as 2247 is resistance.

Alternative scenario: the upside breakout of 2247, would call for 2289 and 2315.

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 2219 and 2221).

Supports and resistances:

2315 **

2289 *

2247 **

2230

2209 last

2151

2126 **

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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