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Bitcoin / Dollar intraday: the downside prevails as long as 70350 is resistance
2024-04-10
882
Our pivot point stands at 70350.
Our preference: the downside prevails as long as 70350 is resistance.
Alternative scenario: the upside breakout of 70350, would call for 71920 and 72850.
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 69664 and 70626).
Supports and resistances:
72850 **
71920 *
70350 **
69740
69010 last
66980
66050 **
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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