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Bitcoin / Dollar intraday: below its lower Bollinger band
2024-03-05
758
Our pivot point is at 67080.
Our preference: the downside prevails as long as 67080 is resistance.
Alternative scenario: above 67080, look for 68140 and 68780.
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 67703 and 66725). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (66233).
Supports and resistances:
68780 **
68140 *
67080 **
66660
66191 last
64930
64290 **
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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