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Ether / Dollar intraday: as long as 2926 is support look for 3123

2024-05-03
278

Our pivot point is at 2926.

Our preference: as long as 2926 is support look for 3123.

Alternative scenario: the downside breakout of 2926 would call for 2851 and 2807.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 2984 and 2955).

Supports and resistances:

3212 **

3168 *

3123 **

3079

2989 last

2955

2926 **

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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