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Bitcoin / Dollar intraday: the upside prevails as long as 61630 is support
2024-03-01
706
Our pivot point stands at 61630.
Our preference: the upside prevails as long as 61630 is support.
Alternative scenario: the downside breakout of 61630 would call for 60630 and 60040.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 61978 and 61755).
Supports and resistances:
65440 **
64840 *
64250 **
63650
62447 last
62030
61630 **
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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