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Bitcoin / Dollar intraday: the upside prevails as long as 42310 is support

2023-12-29
839

Our pivot point is at 42310.

Our preference: the upside prevails as long as 42310 is support.

Alternative scenario: below 42310, expect 41680 and 41300.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 42683 and 42609).

Supports and resistances:

44730 **

44360 *

43980 **

43600

42852 last

42560

42310 **

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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