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Bitcoin / Dollar intraday: rebound
2024-03-15
611
Our pivot point is at 70880.
Our preference: rebound.
Alternative scenario: below 70880, expect 69640 and 68900.
Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (70926) but under its 50 period moving average (72134).
Supports and resistances:
75690 **
74940 *
74200 **
73460
71860 last
71370
70880 **
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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