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Bitcoin / Dollar intraday: the upside prevails as long as 71160 is support

2024-03-13
515

Our pivot point is at 71160.

Our preference: the upside prevails as long as 71160 is support.

Alternative scenario: below 71160, expect 69910 and 69160.

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 71600 and 71632).

Supports and resistances:

75860 **

75110 *

74370 **

73630

72138 last

71650

71160 **

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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