CM Trade

Download APP to receive bonus

GET

Bitcoin / Dollar intraday: as long as 42900 is support look for 44560

2023-12-28
671

Our pivot point stands at 42900.

Our preference: as long as 42900 is support look for 44560.

Alternative scenario: the downside breakout of 42900 would call for 42250 and 41870.

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 43376 and 42986).

Supports and resistances:

45320 **

44940 *

44560 **

44180

43416 last

43150

42900 **

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.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More