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Bitcoin / Dollar intraday: as long as 51640 is support look for 53830

2024-02-19
435

Our pivot point stands at 51640.

Our preference: as long as 51640 is support look for 53830.

Alternative scenario: the downside breakout of 51640 would call for 50800 and 50300.

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 above its 20 and 50 period moving average (respectively at 52210 and 51999).

Supports and resistances:

54830 **

54330 *

53830 **

53330

52300 last

51970

51640 **

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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