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Bitcoin / Dollar intraday: above its upper Bollinger band

2024-04-08
270

Our pivot point is at 68330.

Our preference: the upside prevails as long as 68330 is support.

Alternative scenario: the downside breakout of 68330 would call for 66810 and 65910.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 69364 and 69436). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (69698).

Supports and resistances:

74340 **

73430 *

72520 **

71620

69770 last

68930

68330 **

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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