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Bitcoin / Dollar intraday: the upside prevails as long as 51510 is support
2024-02-19
1051
Our pivot point is at 51510.
Our preference: the upside prevails as long as 51510 is support.
Alternative scenario: the downside breakout of 51510 would call for 50670 and 50170.
Comment: the RSI is above its neutrality area at 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 52001 and 51828).
Supports and resistances:
54660 **
54160 *
53660 **
53160
52165 last
51840
51510 **
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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