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Bitcoin / Dollar intraday: as long as 34300 is support look for 35600
2023-10-26
438
Our pivot point is at 34300.
Our preference: as long as 34300 is support look for 35600.
Alternative scenario: the downside breakout of 34300 would call for 33820 and 33530.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 34644 and 34396).
Supports and resistances:
36180 **
35890 *
35600 **
35310
34701 last
34490
34300 **
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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