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Bitcoin / Dollar intraday: the downside prevails as long as 42800 is resistance
2024-01-01
663
Our pivot point stands at 42800.
Our preference: the downside prevails as long as 42800 is resistance.
Alternative scenario: above 42800, look for 43430 and 43800.
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 42432 and 42476).
Supports and resistances:
43800 **
43430 *
42800 **
42560
42313 last
41570
41200 **
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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