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Bitcoin / Dollar intraday: the downside prevails as long as 68570 is resistance
2024-04-05
242
68570 is our pivot point.
Our preference: the downside prevails as long as 68570 is resistance.
Alternative scenario: above 68570, look for 70040 and 70920.
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 67679 and 67541).
Supports and resistances:
70920 **
70040 *
68570 **
67990
67389 last
65640
64760 **
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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