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Bitcoin / Dollar intraday: the upside prevails as long as 61420 is support
2024-03-01
213
Our pivot point stands at 61420.
Our preference: the upside prevails as long as 61420 is support.
Alternative scenario: below 61420, expect 60420 and 59820.
Comment: the RSI is above 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 61490 and 61840).
Supports and resistances:
65170 **
64580 *
63980 **
63390
62200 last
61810
61420 **
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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