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Bitcoin / Dollar intraday: the downside prevails as long as 43500 is resistance
2024-02-07
711
Our pivot point is at 43500.
Our preference: the downside prevails as long as 43500 is resistance.
Alternative scenario: above 43500, look for 44210 and 44630.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 43046 and 42987).
Supports and resistances:
44630 **
44210 *
43500 **
43220
42943 last
42100
41680 **
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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