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Bitcoin / Dollar intraday: target 65320
2024-03-05
785
68340 is our pivot point.
Our preference: target 65320.
Alternative scenario: above 68340, look for 69420 and 70070.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (67837) but above its 50 period moving average (66559).
Supports and resistances:
70070 **
69420 *
68340 **
67920
67326 last
65960
65320 **
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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