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Bitcoin / Dollar intraday: as long as 68010 is support look for 71980
2024-04-07
820
Our pivot point is at 68010.
Our preference: as long as 68010 is support look for 71980.
Alternative scenario: the downside breakout of 68010 would call for 66500 and 65600.
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 trading above both its 20 and 50 period moving average (respectively at 69189 and 68499).
Supports and resistances:
73790 **
72880 *
71980 **
71080
69280 last
68610
68010 **
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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