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Bitcoin / Dollar intraday: our next up target stands at 66580
2024-04-19
222
Our pivot point is at 60870.
Our preference: our next up target stands at 66580.
Alternative scenario: the downside breakout of 60870 would call for 59400 and 58520.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62468 and 62534).
Supports and resistances:
68390 **
67490 *
66580 **
65680
63745 last
61450
60870 **
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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