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Bitcoin / Dollar intraday: rebound towards 30500

2023-10-23
519

Our pivot point is at 29640.

Our preference: rebound towards 30500.

Alternative scenario: below 29640, expect 29310 and 29110.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 29905 and 29948).

Supports and resistances:

30890 **

30700 *

30500 **

30300

29898 last

29770

29640 **

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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