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Bitcoin / Dollar intraday: the upside prevails as long as 49220 is support
2024-02-13
563
Our pivot point stands at 49220.
Our preference: the upside prevails as long as 49220 is support.
Alternative scenario: the downside breakout of 49220 would call for 48400 and 47910.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 49090 and 48558).
Supports and resistances:
52550 **
52060 *
51570 **
51080
50096 last
49540
49220 **
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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