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Bitcoin / Dollar intraday: target 61390
2024-04-20
913
65590 is our pivot point.
Our preference: target 61390.
Alternative scenario: above 65590, look for 67120 and 68030.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (64529) but above its 50 period moving average (63651).
Supports and resistances:
68030 **
67120 *
65590 **
64990
64129 last
62300
61390 **
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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