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Ether / Dollar intraday: as long as 3159 is support look for 3364

2024-04-16
751

Our pivot point is at 3159.

Our preference: as long as 3159 is support look for 3364.

Alternative scenario: the downside breakout of 3159 would call for 3084 and 3039.

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 3226 and 3146).

Supports and resistances:

3454 **

3409 *

3364 **

3319

3229 last

3188

3159 **

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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