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Bitcoin / Dollar intraday: below its lower Bollinger band
2024-04-26
614
65040 is our pivot point.
Our preference: the downside prevails as long as 65040 is resistance.
Alternative scenario: the upside breakout of 65040, would call for 66590 and 67500.
Comment: the RSI is below 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 64267 and 64311). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 63873).
Supports and resistances:
67500 **
66590 *
65040 **
64430
63815 last
61860
60950 **
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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