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Ether / Dollar intraday: target 3921
2024-03-12
999
4092 is our pivot point.
Our preference: target 3921.
Alternative scenario: the upside breakout of 4092, would call for 4156 and 4195.
Comment: the RSI is below 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 below its 20 period moving average (4052) but above its 50 period moving average (4027).
Supports and resistances:
4195 **
4156 *
4092 **
4066
4036 last
3959
3921 **
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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