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Bitcoin / Dollar intraday: the downside prevails as long as 65540 is resistance
2024-03-19
294
Our pivot point stands at 65540.
Our preference: the downside prevails as long as 65540 is resistance.
Alternative scenario: the upside breakout of 65540, would call for 66740 and 67460.
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 66049 and 66996).
Supports and resistances:
67460 **
66740 *
65540 **
65070
64597 last
62690
61980 **
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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