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Bitcoin / Dollar intraday: above its upper Bollinger band
2024-03-06
902
64950 is our pivot point.
Our preference: our next up target stands at 67860.
Alternative scenario: below 64950, expect 63890 and 63260.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 63646 and 65272). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (65540).
Supports and resistances:
69130 **
68500 *
67860 **
67230
65942 last
65360
64950 **
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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