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Bitcoin / USD ST: towards 78000.

2024-03-11
762

Pivot: 62500

Our preference: long positions above 62500 with targets at 78000 & 82000 in extension.

Alternative scenario: below 62500 look for further downside with 53000 & 47000 as targets.

Comment: the immediate trend remains up and the momentum is strong.

Supports and resistances:

87000

82000

78000

71652 Last

62500

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.

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