CM Trade

Download APP to receive bonus

GET

Bitcoin / Dollar intraday: target 41740

2024-02-03
451

Our pivot point is at 43700.

Our preference: target 41740.

Alternative scenario: above 43700, look for 44460 and 44910.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (43168) but above its 50 period moving average (43079).

Supports and resistances:

44910 **

44460 *

43700 **

43400

43101 last

42200

41740 **

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.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More