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Bitcoin / Dollar intraday: as long as 67120 is support look for 70190
2024-03-05
274
Our pivot point is at 67120.
Our preference: as long as 67120 is support look for 70190.
Alternative scenario: the downside breakout of 67120 would call for 66030 and 65380.
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 above both its 20 and 50 period moving average (respectively at 67689 and 66015).
Supports and resistances:
71490 **
70840 *
70190 **
69530
68023 last
67550
67120 **
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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