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Bitcoin / Dollar intraday: the downside prevails as long as 71130 is resistance
2024-03-31
483
Our pivot point stands at 71130.
Our preference: the downside prevails as long as 71130 is resistance.
Alternative scenario: the upside breakout of 71130, would call for 72640 and 73540.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 70084 and 69989).
Supports and resistances:
73540 **
72640 *
71130 **
70530
69878 last
68070
67170 **
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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