CM Trade

Download APP to receive bonus

GET

Bitcoin / Dollar intraday: as long as 69370 is support look for 73650

2024-04-11
111

Our pivot point stands at 69370.

Our preference: as long as 69370 is support look for 73650.

Alternative scenario: the downside breakout of 69370 would call for 67770 and 66820.

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 above its 20 and 50 period moving average (respectively at 70644 and 70126).

Supports and resistances:

75560 **

74600 *

73650 **

72690

70785 last

70000

69370 **

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.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More