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Bitcoin / Dollar intraday: rebound towards 73800

2024-04-09
257

Our pivot point is at 69250.

Our preference: rebound towards 73800.

Alternative scenario: the downside breakout of 69250 would call for 67650 and 66700.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 70740 and 71293).

Supports and resistances:

75710 **

74750 *

73800 **

72840

70705 last

69880

69250 **

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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