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Bitcoin / Dollar intraday: as long as 69450 is support look for 73560

2024-03-29
957

Our pivot point stands at 69450.

Our preference: as long as 69450 is support look for 73560.

Alternative scenario: the downside breakout of 69450 would call for 67920 and 67010.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (70851) but above its 50 period moving average (70174).

Supports and resistances:

75390 **

74470 *

73560 **

72640

70758 last

70050

69450 **

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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