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Bitcoin / Dollar intraday: as long as 66110 is support look for 69250

2024-03-07
318

Our pivot point is at 66110.

Our preference: as long as 66110 is support look for 69250.

Alternative scenario: the downside breakout of 66110 would call for 65030 and 64390.

Comment: the RSI is above its neutrality area at 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 66825 and 65498).

Supports and resistances:

70540 **

69890 *

69250 **

68610

67292 last

66530

66110 **

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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