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Bitcoin / Dollar intraday: as long as 56210 is support look for 58560
2024-02-28
811
Our pivot point stands at 56210.
Our preference: as long as 56210 is support look for 58560.
Alternative scenario: the downside breakout of 56210 would call for 55290 and 54750.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (56985) but above its 50 period moving average (56709).
Supports and resistances:
59650 **
59100 *
58560 **
58010
56926 last
56570
56210 **
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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