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Bitcoin / Dollar intraday: as long as 70540 is support look for 74690
2024-04-09
890
70540 is our pivot point.
Our preference: as long as 70540 is support look for 74690.
Alternative scenario: below 70540, expect 68970 and 68040.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (71925) but above its 50 period moving average (70650).
Supports and resistances:
76560 **
75620 *
74690 **
73750
71785 last
71160
70540 **
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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