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Bitcoin / Dollar intraday: the upside prevails as long as 72040 is support
2024-03-14
825
Our pivot point stands at 72040.
Our preference: the upside prevails as long as 72040 is support.
Alternative scenario: the downside breakout of 72040 would call for 70780 and 70030.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 72915 and 72435).
Supports and resistances:
77040 **
76280 *
75530 **
74770
73058 last
72540
72040 **
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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