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Bitcoin / Dollar intraday: rebound towards 43480

2023-12-27
856

Our pivot point stands at 41860.

Our preference: rebound towards 43480.

Alternative scenario: below 41860, expect 41240 and 40870.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (42275) but under its 50 period moving average (42662).

Supports and resistances:

44220 **

43850 *

43480 **

43100

42357 last

42110

41860 **

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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