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Bitcoin / Dollar intraday: the downside prevails as long as 63660 is resistance

2024-03-06
815

Our pivot point is at 63660.

Our preference: the downside prevails as long as 63660 is resistance.

Alternative scenario: the upside breakout of 63660, would call for 64670 and 65270.

Comment: the RSI is below 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 65686 and 66780).

Supports and resistances:

65270 **

64670 *

63660 **

63260

62446 last

60360

59770 **

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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