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Bitcoin / Dollar intraday: as long as 71130 is support look for 74370

2024-03-12
153

Our pivot point stands at 71130.

Our preference: as long as 71130 is support look for 74370.

Alternative scenario: below 71130, expect 69970 and 69280.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (72192) but above its 50 period moving average (70541).

Supports and resistances:

75760 **

75060 *

74370 **

73680

72066 last

71580

71130 **

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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