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Bitcoin / Dollar intraday: the upside prevails as long as 33760 is support
2023-10-25
314
Our pivot point is at 33760.
Our preference: the upside prevails as long as 33760 is support.
Alternative scenario: below 33760, expect 33280 and 33000.
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 34046 and 34067).
Supports and resistances:
35600 **
35310 *
35030 **
34740
34175 last
33940
33760 **
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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