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Bitcoin / Dollar intraday: target 33620


Our pivot point is at 34900.

Our preference: target 33620.

Alternative scenario: the upside breakout of 34900, would call for 35380 and 35670.

Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (34657) but above its 50 period moving average (34340).

Supports and resistances:

35670 **

35380 *

34900 **


34493 last


33620 **

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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