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Bitcoin / Dollar ST: as long as 75640 is resistance look for 46820
2024-04-23
120
Our pivot point stands at 75640.
Our preference: as long as 75640 is resistance look for 46820.
Alternative scenario: above 75640, look for 86840 and 93510.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI would call for further downside. Moreover, the price is trading above its 20 period moving average (66629) but under its 50 period moving average (67529).
Supports and resistances:
93510 **
86840 *
75640 **
71230
66831 last
53490
46820 **
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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