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Bitcoin / Dollar intraday: as long as 63950 is support look for 67970

2024-04-21
235

Our pivot point stands at 63950.

Our preference: as long as 63950 is support look for 67970.

Alternative scenario: the downside breakout of 63950 would call for 62400 and 61480.

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 65015 and 64554).

Supports and resistances:

69810 **

68890 *

67970 **

67050

65167 last

64560

63950 **

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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