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Bitcoin / Dollar intraday: rebound

2024-03-29
534

Our pivot point stands at 69170.

Our preference: rebound.

Alternative scenario: below 69170, expect 67640 and 66730.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (70147) but below its 50 period moving average (70533).

Supports and resistances:

75000 **

74090 *

73180 **

72270

70393 last

69770

69170 **

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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