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Bitcoin / Dollar intraday: the downside prevails as long as 67610 is resistance

2024-03-05
217

Our pivot point is at 67610.

Our preference: the downside prevails as long as 67610 is resistance.

Alternative scenario: the upside breakout of 67610, would call for 68680 and 69320.

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 67509 and 66848).

Supports and resistances:

69320 **

68680 *

67610 **

67190

66412 last

65030

64400 **

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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