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Bitcoin / Dollar intraday: as long as 44920 is support look for 46990

2024-01-02
317

Our pivot point stands at 44920.

Our preference: as long as 44920 is support look for 46990.

Alternative scenario: the downside breakout of 44920 would call for 44210 and 43790.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (45530) but above its 50 period moving average (44531).

Supports and resistances:

47830 **

47410 *

46990 **

46560

45472 last

45190

44920 **

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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