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Bitcoin / Dollar intraday: as long as 69340 is resistance look for 65400
2024-03-16
291
Our pivot point is at 69340.
Our preference: as long as 69340 is resistance look for 65400.
Alternative scenario: the upside breakout of 69340, would call for 70520 and 71230.
Comment: the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 68284 and 68922).
Supports and resistances:
71230 **
70520 *
69340 **
68870
67800 last
66090
65400 **
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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