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Bitcoin / Dollar intraday: the downside prevails as long as 62430 is resistance
2024-04-18
960
Our pivot point is at 62430.
Our preference: the downside prevails as long as 62430 is resistance.
Alternative scenario: above 62430, look for 63880 and 64750.
Comment: the RSI is below its neutrality area at 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 61452 and 61680).
Supports and resistances:
64750 **
63880 *
62430 **
61850
61283 last
59410
58550 **
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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