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Bitcoin / Dollar intraday: below its lower Bollinger band
2024-03-19
642
Our pivot point is at 67450.
Our preference: the downside prevails as long as 67450 is resistance.
Alternative scenario: the upside breakout of 67450, would call for 68680 and 69420.
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 67273 and 67662). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (66339).
Supports and resistances:
69420 **
68680 *
67450 **
66960
66046 last
64410
63680 **
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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