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Bitcoin / Dollar intraday: the downside prevails as long as 43470 is resistance
2023-12-28
385
43470 is our pivot point.
Our preference: the downside prevails as long as 43470 is resistance.
Alternative scenario: the upside breakout of 43470, would call for 44100 and 44480.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 43264 and 43176).
Supports and resistances:
44480 **
44100 *
43470 **
43220
42972 last
42220
41840 **
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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