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Bitcoin / Dollar intraday: the downside prevails as long as 52070 is resistance
2024-02-23
504
52070 is our pivot point.
Our preference: the downside prevails as long as 52070 is resistance.
Alternative scenario: above 52070, look for 52890 and 53380.
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 51539 and 51550).
Supports and resistances:
53380 **
52890 *
52070 **
51750
51428 last
50450
49960 **
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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