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Bitcoin / Dollar intraday: the downside prevails as long as 72050 is resistance
2024-03-15
282
Our pivot point stands at 72050.
Our preference: the downside prevails as long as 72050 is resistance.
Alternative scenario: the upside breakout of 72050, would call for 73280 and 74010.
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 is trading under both its 20 and 50 period moving average (respectively at 71294 and 72433).
Supports and resistances:
74010 **
73280 *
72050 **
71560
71021 last
69050
68320 **
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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