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Bitcoin / Dollar intraday: as long as 42060 is support look for 43720
2024-01-01
535
Our pivot point is at 42060.
Our preference: as long as 42060 is support look for 43720.
Alternative scenario: the downside breakout of 42060 would call for 41430 and 41060.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 42536 and 42408).
Supports and resistances:
44470 **
44090 *
43720 **
43350
42551 last
42300
42060 **
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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