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Bitcoin / Dollar intraday: rebound towards 44150

2024-01-31
391

Our pivot point stands at 42090.

Our preference: rebound towards 44150.

Alternative scenario: below 42090, expect 41330 and 40890.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (42778) but under its 50 period moving average (43058).

Supports and resistances:

45040 **

44600 *

44150 **

43700

42800 last

42380

42090 **

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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