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Bitcoin / Dollar intraday: the downside prevails as long as 43660 is resistance
2024-02-04
849
Our pivot point stands at 43660.
Our preference: the downside prevails as long as 43660 is resistance.
Alternative scenario: above 43660, look for 44420 and 44880.
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 43070 and 43101).
Supports and resistances:
44880 **
44420 *
43660 **
43370
43067 last
42130
41680 **
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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