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Bitcoin / Dollar intraday: rebound towards 40520

2024-01-24
911

Our pivot point stands at 38640.

Our preference: rebound towards 40520.

Alternative scenario: below 38640, expect 37970 and 37560.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (39064) but below its 50 period moving average (39474).

Supports and resistances:

41330 **

40920 *

40520 **

40120

39196 last

38900

38640 **

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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