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Bitcoin / Dollar intraday: as long as 67870 is resistance look for 63600

2024-04-24
747

Our pivot point is at 67870.

Our preference: as long as 67870 is resistance look for 63600.

Alternative scenario: the upside breakout of 67870, would call for 69480 and 70440.

Comment: the RSI is below 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI would call for further upside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 66499 and 66542).

Supports and resistances:

70440 **

69480 *

67870 **

67230

66481 last

64560

63600 **

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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