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Bitcoin / Dollar intraday: rebound towards 63880
2024-04-18
981
60020 is our pivot point.
Our preference: rebound towards 63880.
Alternative scenario: the downside breakout of 60020 would call for 58560 and 57700.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (61100) but under its 50 period moving average (62498).
Supports and resistances:
65620 **
64750 *
63880 **
63020
61214 last
60590
60020 **
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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