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Bitcoin / Dollar intraday: above its upper Bollinger band
2023-12-31
839
Our pivot point is at 41980.
Our preference: the upside prevails as long as 41980 is support.
Alternative scenario: below 41980, expect 41350 and 40980.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 42238 and 42170). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (42460).
Supports and resistances:
44510 **
44140 *
43770 **
43390
42470 last
42220
41980 **
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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