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Ether / Dollar intraday: below its lower Bollinger band
2023-12-29
570
Our pivot point stands at 2379.
Our preference: the downside prevails as long as 2379 is resistance.
Alternative scenario: above 2379, look for 2421 and 2447.
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 2356 and 2380). Finally, the Ether / Dollar has penetrated its lower Bollinger band (2338).
Supports and resistances:
2447 **
2421 *
2379 **
2362
2331 last
2277
2252 **
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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