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Bitcoin / Dollar intraday: as long as 34330 is support look for 35580

2023-10-26
633

34330 is our pivot point.

Our preference: as long as 34330 is support look for 35580.

Alternative scenario: the downside breakout of 34330 would call for 33840 and 33560.

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 above its 20 and 50 period moving average (respectively at 34680 and 34468).

Supports and resistances:

36160 **

35870 *

35580 **

35290

34713 last

34520

34330 **

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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