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Bitcoin / Dollar intraday: our next up target stands at 49590
2024-02-12
976
Our pivot point stands at 47560.
Our preference: our next up target stands at 49590.
Alternative scenario: below 47560, expect 46760 and 46290.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 48062 and 48171).
Supports and resistances:
50540 **
50060 *
49590 **
49120
48178 last
47870
47560 **
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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