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Bitcoin / Dollar intraday: as long as 42520 is support look for 44390
2024-02-07
457
42520 is our pivot point.
Our preference: as long as 42520 is support look for 44390.
Alternative scenario: the downside breakout of 42520 would call for 41810 and 41390.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 43032 and 42830).
Supports and resistances:
45230 **
44810 *
44390 **
43960
43111 last
42790
42520 **
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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