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Bitcoin / Dollar intraday: the downside prevails as long as 51770 is resistance
2024-02-23
785
51770 is our pivot point.
Our preference: the downside prevails as long as 51770 is resistance.
Alternative scenario: above 51770, look for 52580 and 53070.
Comment: the RSI is below 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 51232 and 51459).
Supports and resistances:
53070 **
52580 *
51770 **
51450
51037 last
50060
49570 **
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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