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Bitcoin / Dollar intraday: as long as 46320 is support look for 48390

2024-02-09
807

Our pivot point stands at 46320.

Our preference: as long as 46320 is support look for 48390.

Alternative scenario: the downside breakout of 46320 would call for 45550 and 45090.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 46706 and 45944).

Supports and resistances:

49310 **

48850 *

48390 **

47930

46969 last

46620

46320 **

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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