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Bitcoin / Dollar intraday: as long as 71070 is support look for 74430
2024-03-12
893
Our pivot point is at 71070.
Our preference: as long as 71070 is support look for 74430.
Alternative scenario: below 71070, expect 69820 and 69080.
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 trading above both its 20 and 50 period moving average (respectively at 72118 and 72045).
Supports and resistances:
75920 **
75180 *
74430 **
73690
72202 last
71560
71070 **
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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