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Bitcoin / Dollar intraday: as long as 30290 is support look for 31180
2023-10-23
372
Our pivot point is at 30290.
Our preference: as long as 30290 is support look for 31180.
Alternative scenario: the downside breakout of 30290 would call for 29960 and 29760.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (30640) but above its 50 period moving average (30262).
Supports and resistances:
31590 **
31390 *
31180 **
30980
30559 last
30430
30290 **
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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