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Ether / Dollar intraday: the upside prevails as long as 3327 is support

2024-07-16
778

3327 is our pivot point.

Our preference: the upside prevails as long as 3327 is support.

Alternative scenario: below 3327, expect 3254 and 3211.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3369 and 3324).

Supports and resistances:

3633 **

3589 *

3545 **

3501

3402 last

3356

3327 **

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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