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Bitcoin / Dollar intraday: rebound towards 43910
2023-12-26
298
42200 is our pivot point.
Our preference: rebound towards 43910.
Alternative scenario: the downside breakout of 42200 would call for 41570 and 41200.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 42697 and 43197).
Supports and resistances:
44660 **
44280 *
43910 **
43530
42695 last
42450
42200 **
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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