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Bitcoin / Dollar intraday: target 50250

2024-02-15
648

Our pivot point stands at 52780.

Our preference: target 50250.

Alternative scenario: above 52780, look for 53610 and 54110.

Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (52075) but above its 50 period moving average (51676).

Supports and resistances:

54110 **

53610 *

52780 **

52450

51870 last

50750

50250 **

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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