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Bitcoin / Dollar intraday: the upside prevails as long as 61750 is support
2024-03-02
999
Our pivot point stands at 61750.
Our preference: the upside prevails as long as 61750 is support.
Alternative scenario: the downside breakout of 61750 would call for 60740 and 60140.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62091 and 61751).
Supports and resistances:
65740 **
65140 *
64540 **
63940
62744 last
62140
61750 **
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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