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Bitcoin / Dollar intraday: as long as 34220 is support look for 35530
2023-10-26
567
34220 is our pivot point.
Our preference: as long as 34220 is support look for 35530.
Alternative scenario: the downside breakout of 34220 would call for 33740 and 33450.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 34525 and 34209).
Supports and resistances:
36100 **
35820 *
35530 **
35240
34603 last
34410
34220 **
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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