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Ether / Dollar ST: rebound towards 4001
2024-05-07
690
Our pivot point stands at 2652.
Our preference: rebound towards 4001.
Alternative scenario: the downside breakout of 2652 would call for 2129 and 1817.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3123 and 3281).
Supports and resistances:
4624 **
4312 *
4001 **
3689
3066 last
2857
2652 **
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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