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Bitcoin / Dollar intraday: as long as 33440 is support look for 34890

2023-10-24
1168

Our pivot point is at 33440.

Our preference: as long as 33440 is support look for 34890.

Alternative scenario: below 33440, expect 32970 and 32690.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 33639 and 31956).

Supports and resistances:

35460 **

35170 *

34890 **

34610

34010 last

33630

33440 **

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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