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Bitcoin / Dollar intraday: the downside prevails as long as 71120 is resistance
2024-03-27
123
Our pivot point stands at 71120.
Our preference: the downside prevails as long as 71120 is resistance.
Alternative scenario: above 71120, look for 72640 and 73540.
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 70264 and 70336).
Supports and resistances:
73540 **
72640 *
71120 **
70520
69827 last
67860
66960 **
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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