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Bitcoin / Dollar intraday: the downside prevails as long as 40850 is resistance
2024-01-23
278
40850 is our pivot point.
Our preference: the downside prevails as long as 40850 is resistance.
Alternative scenario: the upside breakout of 40850, would call for 41540 and 41960.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 40529 and 40943).
Supports and resistances:
41960 **
41540 *
40850 **
40570
40269 last
39340
38920 **
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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