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Bitcoin / Dollar intraday: as long as 69580 is support look for 73720

2024-04-11
587

Our pivot point is at 69580.

Our preference: as long as 69580 is support look for 73720.

Alternative scenario: below 69580, expect 67980 and 67020.

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 70698 and 69793).

Supports and resistances:

75630 **

74670 *

73720 **

72760

70841 last

70210

69580 **

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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