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Bitcoin / Dollar intraday: rebound
2024-04-08
269
Our pivot point stands at 68220.
Our preference: rebound.
Alternative scenario: the downside breakout of 68220 would call for 66700 and 65800.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (69325) but below its 50 period moving average (69426).
Supports and resistances:
73940 **
73030 *
72130 **
71230
69414 last
68810
68220 **
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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