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Bitcoin / Dollar intraday: target 41630
2024-02-02
1014
Our pivot point stands at 43620.
Our preference: target 41630.
Alternative scenario: above 43620, look for 44380 and 44830.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (43081) but above its 50 period moving average (42819).
Supports and resistances:
44830 **
44380 *
43620 **
43320
42982 last
42080
41630 **
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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