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Ether / Dollar intraday: the downside prevails as long as 3119 is resistance
2024-05-07
705
Our pivot point stands at 3119.
Our preference: the downside prevails as long as 3119 is resistance.
Alternative scenario: above 3119, look for 3195 and 3240.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3072 and 3110).
Supports and resistances:
3240 **
3195 *
3119 **
3090
3058 last
2968
2923 **
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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