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Bitcoin / Dollar intraday: as long as 56160 is support look for 58960
2024-02-27
564
Our pivot point stands at 56160.
Our preference: as long as 56160 is support look for 58960.
Alternative scenario: below 56160, expect 55240 and 54700.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 56514 and 55214).
Supports and resistances:
60060 **
59510 *
58960 **
58420
56875 last
56520
56160 **
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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