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Ether / Dollar intraday: target 3171

2024-04-03
502

Our pivot point stands at 3374.

Our preference: target 3171.

Alternative scenario: above 3374, look for 3447 and 3490.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (3318) but above its 50 period moving average (3295).

Supports and resistances:

3490 **

3447 *

3374 **

3345

3312 last

3214

3171 **

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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