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Bitcoin / Dollar intraday: target 25690

2023-09-14
373

Our pivot point is at 26430.

Our preference: target 25690.

Alternative scenario: the upside breakout of 26430, would call for 26720 and 26900.

Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (26223) but above its 50 period moving average (26120).

Supports and resistances:

26900 **

26720 *

26430 **

26320

26205 last

25860

25690 **

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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