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Bitcoin / Dollar intraday: as long as 62430 is support look for 65120
2024-02-29
346
Our pivot point is at 62430.
Our preference: as long as 62430 is support look for 65120.
Alternative scenario: the downside breakout of 62430 would call for 61410 and 60810.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 62731 and 61869).
Supports and resistances:
66330 **
65720 *
65120 **
64510
63226 last
62830
62430 **
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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