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Bitcoin / Dollar intraday: the downside prevails as long as 52560 is resistance
2024-02-17
1069
Our pivot point is at 52560.
Our preference: the downside prevails as long as 52560 is resistance.
Alternative scenario: above 52560, look for 53400 and 53890.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 52080 and 52010).
Supports and resistances:
53890 **
53400 *
52560 **
52240
51907 last
50800
50310 **
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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