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Bitcoin / Dollar intraday: as long as 26020 is support look for 26760

2023-09-14
595

Our pivot point stands at 26020.

Our preference: as long as 26020 is support look for 26760.

Alternative scenario: the downside breakout of 26020 would call for 25730 and 25550.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (26247) but above its 50 period moving average (26155).

Supports and resistances:

27110 **

26940 *

26760 **

26590

26245 last

26130

26020 **

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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