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Bitcoin / Dollar intraday: as long as 42760 is support look for 44800

2024-01-30
478

Our pivot point stands at 42760.

Our preference: as long as 42760 is support look for 44800.

Alternative scenario: the downside breakout of 42760 would call for 42000 and 41540.

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 43365 and 42860).

Supports and resistances:

45710 **

45260 *

44800 **

44350

43399 last

43060

42760 **

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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