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Bitcoin / Dollar intraday: the upside prevails as long as 40560 is support
2024-01-26
458
Our pivot point is at 40560.
Our preference: the upside prevails as long as 40560 is support.
Alternative scenario: the downside breakout of 40560 would call for 39850 and 39430.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 40541 and 40169).
Supports and resistances:
43260 **
42840 *
42410 **
41990
41126 last
40840
40560 **
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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