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Ether / Dollar intraday: the upside prevails as long as 2216 is support

2023-12-27
1045

2216 is our pivot point.

Our preference: the upside prevails as long as 2216 is support.

Alternative scenario: below 2216, expect 2175 and 2151.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2229 and 2228).

Supports and resistances:

2370 **

2346 *

2322 **

2297

2248 last

2232

2216 **

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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