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Bitcoin / Dollar intraday: the upside prevails as long as 39550 is support

2024-01-26
323

39550 is our pivot point.

Our preference: the upside prevails as long as 39550 is support.

Alternative scenario: below 39550, expect 38860 and 38450.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 39981 and 39958).

Supports and resistances:

42160 **

41750 *

41340 **

40930

40102 last

39820

39550 **

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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