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Bitcoin / Dollar intraday: under pressure below 70670

2024-04-08
132

Our pivot point stands at 70670.

Our preference: under pressure below 70670.

Alternative scenario: above 70670, look for 72190 and 73090.

Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69540 and 69292).

Supports and resistances:

73090 **

72190 *

70670 **

70070

69290 last

67470

66570 **

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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