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Bitcoin / Dollar intraday: below its lower Bollinger band
2024-04-09
826
72550 is our pivot point.
Our preference: the downside prevails as long as 72550 is resistance.
Alternative scenario: above 72550, look for 74160 and 75120.
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 71426 and 71567). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 70834).
Supports and resistances:
75120 **
74160 *
72550 **
71910
70773 last
68790
67840 **
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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