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Bitcoin / Dollar intraday: the upside prevails as long as 41860 is support
2024-01-28
660
Our pivot point is at 41860.
Our preference: the upside prevails as long as 41860 is support.
Alternative scenario: the downside breakout of 41860 would call for 41130 and 40700.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 42282 and 41989).
Supports and resistances:
44670 **
44230 *
43800 **
43360
42450 last
42150
41860 **
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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