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Bitcoin / Dollar intraday: as long as 59220 is support look for 62110
2024-02-29
496
Our pivot point stands at 59220.
Our preference: as long as 59220 is support look for 62110.
Alternative scenario: below 59220, expect 58260 and 57680.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (60604) but above its 50 period moving average (58743).
Supports and resistances:
63260 **
62690 *
62110 **
61530
60090 last
59600
59220 **
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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