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Bitcoin / Dollar intraday: as long as 61240 is support look for 63940

2024-02-29
609

Our pivot point stands at 61240.

Our preference: as long as 61240 is support look for 63940.

Alternative scenario: below 61240, expect 60240 and 59650.

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 above its 20 and 50 period moving average (respectively at 61440 and 60404).

Supports and resistances:

65130 **

64540 *

63940 **

63350

62020 last

61630

61240 **

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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