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Bitcoin / Dollar intraday: under pressure below 43650
2024-02-01
835
Our pivot point is at 43650.
Our preference: under pressure below 43650.
Alternative scenario: the upside breakout of 43650, would call for 44410 and 44860.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 43065 and 43038).
Supports and resistances:
44860 **
44410 *
43650 **
43350
42833 last
41840
41390 **
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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