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Ether / Dollar intraday: as long as 1586 is support look for 1628

2023-09-13
1033

Our pivot point is at 1586.

Our preference: as long as 1586 is support look for 1628.

Alternative scenario: the downside breakout of 1586 would call for 1570 and 1560.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1597 and 1592).

Supports and resistances:

1648 **

1638 *

1628 **

1619

1599 last

1592

1586 **

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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