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Bitcoin / Dollar intraday: above its upper Bollinger band

2024-03-07
872

Our pivot point stands at 66360.

Our preference: the upside prevails as long as 66360 is support.

Alternative scenario: below 66360, expect 65280 and 64630.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 66673 and 66577). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (67586).

Supports and resistances:

70830 **

70180 *

69530 **

68890

67596 last

66780

66360 **

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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