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Bitcoin / Dollar intraday: the downside prevails as long as 68400 is resistance

2024-04-14
551

Our pivot point is at 68400.

Our preference: the downside prevails as long as 68400 is resistance.

Alternative scenario: above 68400, look for 69920 and 70820.

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 67345 and 67196).

Supports and resistances:

70820 **

69920 *

68400 **

67800

66637 last

64840

63940 **

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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