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Bitcoin / Dollar intraday: the upside prevails as long as 25490 is support
2023-09-12
323
Our pivot point stands at 25490.
Our preference: the upside prevails as long as 25490 is support.
Alternative scenario: the downside breakout of 25490 would call for 25200 and 25040.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 25402 and 25431).
Supports and resistances:
26630 **
26460 *
26290 **
26120
25750 last
25600
25490 **
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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