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Bitcoin / Dollar intraday: as long as 69580 is support look for 74300

2024-03-26
317

69580 is our pivot point.

Our preference: as long as 69580 is support look for 74300.

Alternative scenario: the downside breakout of 69580 would call for 68050 and 67130.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 70423 and 69432).

Supports and resistances:

76150 **

75230 *

74300 **

73380

70862 last

70180

69580 **

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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