Bitcoin / USD ST: intraday support around 59000.
Pivot: 59000
Our preference: long positions above 59000 with targets at 73000 & 79500 in extension.
Alternative scenario: below 59000 look for further downside with 53000 & 47000 as targets.
Comment: a support base at 59000 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
83000
79500
73000
62329 Last
59000
53000
47000
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.
CM Trade Mobile Application
Economics Calendar
More