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Bitcoin / Dollar intraday: as long as 71250 is support look for 74680
2024-03-12
593
Our pivot point stands at 71250.
Our preference: as long as 71250 is support look for 74680.
Alternative scenario: the downside breakout of 71250 would call for 70000 and 69250.
Comment: the RSI is above its neutrality area at 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 72378 and 71226).
Supports and resistances:
76180 **
75430 *
74680 **
73940
72444 last
71740
71250 **
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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