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Bitcoin / Dollar intraday: the upside prevails as long as 42350 is support
2024-02-06
722
Our pivot point stands at 42350.
Our preference: the upside prevails as long as 42350 is support.
Alternative scenario: below 42350, expect 41650 and 41230.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 42781 and 42795).
Supports and resistances:
45080 **
44660 *
44240 **
43820
42944 last
42630
42350 **
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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