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Bitcoin / Dollar intraday: as long as 56460 is support look for 58820

2024-02-28
789

Our pivot point stands at 56460.

Our preference: as long as 56460 is support look for 58820.

Alternative scenario: below 56460, expect 55540 and 54990.

Comment: the RSI is above 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 57003 and 56817).

Supports and resistances:

59910 **

59370 *

58820 **

58270

57180 last

56820

56460 **

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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