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Bitcoin / Dollar intraday: the upside prevails as long as 42100 is support
2024-01-01
802
Our pivot point stands at 42100.
Our preference: the upside prevails as long as 42100 is support.
Alternative scenario: below 42100, expect 41480 and 41100.
Comment: the RSI is above 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 42450 and 42496).
Supports and resistances:
44470 **
44090 *
43720 **
43350
42598 last
42350
42100 **
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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