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Bitcoin / Dollar ST: as long as 61530 is support look for 89070

2024-03-26
131

Our pivot point is at 61530.

Our preference: as long as 61530 is support look for 89070.

Alternative scenario: below 61530, expect 51040 and 44800.

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 68082 and 59590).

Supports and resistances:

101630 **

95350 *

89070 **

82790

69880 last

65640

61530 **

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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