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Bitcoin / Dollar intraday: rebound
2024-04-16
776
Our pivot point stands at 62110.
Our preference: rebound.
Alternative scenario: below 62110, expect 60610 and 59720.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (63138) but under its 50 period moving average (64121).
Supports and resistances:
67930 **
67030 *
66130 **
65240
63403 last
62700
62110 **
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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