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Bitcoin / Dollar intraday: the downside prevails as long as 72110 is resistance
2024-03-13
377
Our pivot point stands at 72110.
Our preference: the downside prevails as long as 72110 is resistance.
Alternative scenario: above 72110, look for 73340 and 74070.
Comment: the RSI is below 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 71426 and 71820).
Supports and resistances:
74070 **
73340 *
72110 **
71620
70977 last
69250
68520 **
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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