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Bitcoin / Dollar intraday: technical rebound towards 65360 before a new drop
2024-04-20
187
Our pivot point is at 65360.
Our preference: technical rebound towards 65360 before a new drop.
Alternative scenario: the upside breakout of 65360, would call for 66890 and 67790.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price stands above its 20 period moving average (63979) but below its 50 period moving average (64262).
Supports and resistances:
67790 **
66890 *
65360 **
64760
64166 last
62250
61340 **
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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