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Ether / Dollar intraday: target 3333

2024-03-25
269

3491 is our pivot point.

Our preference: target 3333.

Alternative scenario: the upside breakout of 3491, would call for 3551 and 3587.

Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (3454) but above its 50 period moving average (3419).

Supports and resistances:

3587 **

3551 *

3491 **

3467

3441 last

3369

3333 **

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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