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Bitcoin / Dollar intraday: the upside prevails as long as 39190 is support
2024-01-24
1147
Our pivot point is at 39190.
Our preference: the upside prevails as long as 39190 is support.
Alternative scenario: the downside breakout of 39190 would call for 38510 and 38100.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 39514 and 39427).
Supports and resistances:
41770 **
41360 *
40950 **
40550
39734 last
39460
39190 **
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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