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Bitcoin / Dollar intraday: the downside prevails as long as 40440 is resistance

2024-01-26
396

40440 is our pivot point.

Our preference: the downside prevails as long as 40440 is resistance.

Alternative scenario: above 40440, look for 41130 and 41530.

Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 39893 and 39934).

Supports and resistances:

41530 **

41130 *

40440 **

40170

39729 last

38920

38510 **

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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