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Bitcoin / Dollar intraday: the downside prevails as long as 51740 is resistance
2024-02-22
413
Our pivot point is at 51740.
Our preference: the downside prevails as long as 51740 is resistance.
Alternative scenario: above 51740, look for 52550 and 53030.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 51590 and 51408).
Supports and resistances:
53030 **
52550 *
51740 **
51420
51063 last
50090
49610 **
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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