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Bitcoin / Dollar intraday: the upside prevails as long as 29710 is support

2023-10-23
623

Our pivot point stands at 29710.

Our preference: the upside prevails as long as 29710 is support.

Alternative scenario: below 29710, expect 29380 and 29180.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 29892 and 29923).

Supports and resistances:

30970 **

30780 *

30580 **

30380

29971 last

29840

29710 **

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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