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Bitcoin / Dollar intraday: the upside prevails as long as 50880 is support
2024-02-22
446
Our pivot point stands at 50880.
Our preference: the upside prevails as long as 50880 is support.
Alternative scenario: below 50880, expect 50060 and 49570.
Comment: the RSI is above its neutrality area at 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 51269 and 51463).
Supports and resistances:
53980 **
53490 *
53000 **
52510
51522 last
51200
50880 **
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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