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Bitcoin / Dollar intraday: as long as 60510 is support look for 63150

2024-02-29
327

Our pivot point is at 60510.

Our preference: as long as 60510 is support look for 63150.

Alternative scenario: below 60510, expect 59520 and 58940.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 61252 and 59552).

Supports and resistances:

64320 **

63730 *

63150 **

62560

61282 last

60890

60510 **

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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