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Bitcoin / Dollar intraday: rebound towards 43680
2023-12-29
916
Our pivot point stands at 42060.
Our preference: rebound towards 43680.
Alternative scenario: the downside breakout of 42060 would call for 41430 and 41060.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 42565 and 42726).
Supports and resistances:
44430 **
44060 *
43680 **
43310
42554 last
42310
42060 **
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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