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Bitcoin / Dollar intraday: as long as 39220 is support look for 41000

2024-01-24
374

Our pivot point stands at 39220.

Our preference: as long as 39220 is support look for 41000.

Alternative scenario: below 39220, expect 38530 and 38130.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 39618 and 39391).

Supports and resistances:

41810 **

41410 *

41000 **

40590

39778 last

39490

39220 **

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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