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Bitcoin / Dollar intraday: rebound towards 70650
2024-03-11
708
Our pivot point stands at 67820.
Our preference: rebound towards 70650.
Alternative scenario: the downside breakout of 67820 would call for 66710 and 66060.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 68712 and 69236).
Supports and resistances:
71970 **
71310 *
70650 **
70000
68684 last
68250
67820 **
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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