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Bitcoin / Dollar intraday: below its lower Bollinger band
2024-02-26
219
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 53040.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 51453 and 51561). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (51137).
Supports and resistances:
53040 **
52550 *
51740 **
51420
51097 last
50130
49640 **
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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