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Bitcoin / Dollar intraday: the upside prevails as long as 30440 is support
2023-10-23
1070
30440 is our pivot point.
Our preference: the upside prevails as long as 30440 is support.
Alternative scenario: the downside breakout of 30440 would call for 30100 and 29900.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 30325 and 30077).
Supports and resistances:
31800 **
31600 *
31390 **
31190
30770 last
30570
30440 **
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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