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Bitcoin / Dollar intraday: below its lower Bollinger band
2024-02-13
980
49790 is our pivot point.
Our preference: the downside prevails as long as 49790 is resistance.
Alternative scenario: above 49790, look for 50580 and 51050.
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 49890 and 49845). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 49247).
Supports and resistances:
51050 **
50580 *
49790 **
49480
49157 last
47800
47330 **
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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