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Bitcoin / Dollar intraday: the upside prevails as long as 50770 is support
2024-02-22
879
Our pivot point is at 50770.
Our preference: the upside prevails as long as 50770 is support.
Alternative scenario: the downside breakout of 50770 would call for 49950 and 49460.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 51300 and 51401).
Supports and resistances:
53850 **
53360 *
52870 **
52380
51409 last
51090
50770 **
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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