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Bitcoin / Dollar intraday: as long as 62680 is support look for 66750

2024-04-17
100

Our pivot point stands at 62680.

Our preference: as long as 62680 is support look for 66750.

Alternative scenario: the downside breakout of 62680 would call for 61160 and 60260.

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 trading under its 20 period moving average (63914) but above its 50 period moving average (63272).

Supports and resistances:

68570 **

67660 *

66750 **

65850

63887 last

63270

62680 **

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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