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Bitcoin / Dollar intraday: as long as 47490 is support look for 49680
2024-02-11
1095
Our pivot point stands at 47490.
Our preference: as long as 47490 is support look for 49680.
Alternative scenario: the downside breakout of 47490 would call for 46700 and 46230.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 47999 and 47604).
Supports and resistances:
50620 **
50150 *
49680 **
49200
48115 last
47800
47490 **
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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