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Bitcoin / Dollar intraday: rebound towards 63800

2024-04-18
1049

Our pivot point is at 59610.

Our preference: rebound towards 63800.

Alternative scenario: the downside breakout of 59610 would call for 58170 and 57310.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 61654 and 62877).

Supports and resistances:

65530 **

64660 *

63800 **

62930

60929 last

60180

59610 **

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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