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Bitcoin / Dollar intraday: rebound towards 43350
2023-12-27
1120
41730 is our pivot point.
Our preference: rebound towards 43350.
Alternative scenario: the downside breakout of 41730 would call for 41110 and 40740.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 42280 and 42570).
Supports and resistances:
44100 **
43730 *
43350 **
42980
42242 last
41980
41730 **
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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