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Bitcoin / Dollar ST: as long as 62820 is support look for 91720

2024-04-09
825

62820 is our pivot point.

Our preference: as long as 62820 is support look for 91720.

Alternative scenario: below 62820, expect 51580 and 44880.

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 above its 20 and 50 period moving average (respectively at 68533 and 65251).

Supports and resistances:

105110 **

98420 *

91720 **

85030

71650 last

67230

62820 **

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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