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Ether / Dollar intraday: the downside prevails as long as 3039 is resistance
2024-04-18
571
Our pivot point is at 3039.
Our preference: the downside prevails as long as 3039 is resistance.
Alternative scenario: the upside breakout of 3039, would call for 3114 and 3159.
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 2994 and 3008).
Supports and resistances:
3159 **
3114 *
3039 **
3009
2980 last
2880
2835 **
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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