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Ether / Dollar intraday: the downside prevails as long as 3136 is resistance
2024-05-08
1092
Our pivot point stands at 3136.
Our preference: the downside prevails as long as 3136 is resistance.
Alternative scenario: the upside breakout of 3136, would call for 3212 and 3257.
Comment: the RSI is below its neutrality area at 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 3083 and 3080).
Supports and resistances:
3257 **
3212 *
3136 **
3106
3070 last
2980
2935 **
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