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Bitcoin / Dollar intraday: the downside prevails as long as 69750 is resistance
2024-03-15
799
Our pivot point stands at 69750.
Our preference: the downside prevails as long as 69750 is resistance.
Alternative scenario: the upside breakout of 69750, would call for 70940 and 71650.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69672 and 70947).
Supports and resistances:
71650 **
70940 *
69750 **
69280
68724 last
66810
66110 **
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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