CM Trade

Download APP to receive bonus


Bitcoin / Dollar intraday: technical rebound towards 34450 before a new drop


34450 is our pivot point.

Our preference: technical rebound towards 34450 before a new drop.

Alternative scenario: above 34450, look for 34930 and 35210.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above its 20 period moving average (33980) but under its 50 period moving average (34083).

Supports and resistances:

35210 **

34930 *

34450 **


34076 last


33230 **

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.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar