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Bitcoin / Dollar intraday: the downside prevails as long as 42190 is resistance
2024-01-22
276
42190 is our pivot point.
Our preference: the downside prevails as long as 42190 is resistance.
Alternative scenario: the upside breakout of 42190, would call for 42910 and 43340.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 41639 and 41666).
Supports and resistances:
43340 **
42910 *
42190 **
41910
41627 last
40770
40340 **
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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