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Bitcoin / Dollar intraday: as long as 46690 is support look for 48730

2024-02-10
197

46690 is our pivot point.

Our preference: as long as 46690 is support look for 48730.

Alternative scenario: below 46690, expect 45920 and 45450.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (47319) but above its 50 period moving average (47219).

Supports and resistances:

49660 **

49200 *

48730 **

48270

47304 last

47000

46690 **

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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