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Bitcoin / Dollar intraday: the downside prevails as long as 43280 is resistance

2023-12-28
1030

Our pivot point stands at 43280.

Our preference: the downside prevails as long as 43280 is resistance.

Alternative scenario: above 43280, look for 43910 and 44290.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 42996 and 43177).

Supports and resistances:

44290 **

43910 *

43280 **

43030

42776 last

41980

41610 **

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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