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Bitcoin / Dollar intraday: below its lower Bollinger band
2024-04-16
686
63840 is our pivot point.
Our preference: the downside prevails as long as 63840 is resistance.
Alternative scenario: the upside breakout of 63840, would call for 65330 and 66210.
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 63163 and 64542). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 62548).
Supports and resistances:
66210 **
65330 *
63840 **
63260
62431 last
60580
59700 **
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