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Bitcoin / Dollar intraday: the upside prevails as long as 42600 is support
2024-02-02
589
Our pivot point stands at 42600.
Our preference: the upside prevails as long as 42600 is support.
Alternative scenario: the downside breakout of 42600 would call for 41840 and 41380.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 42975 and 42495).
Supports and resistances:
45460 **
45010 *
44560 **
44100
43197 last
42900
42600 **
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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