CM Trade

Download APP to receive bonus

GET

Bitcoin / Dollar intraday: rebound towards 63200

2024-03-01
802

60630 is our pivot point.

Our preference: rebound towards 63200.

Alternative scenario: the downside breakout of 60630 would call for 59650 and 59060.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (61359) but below its 50 period moving average (61983).

Supports and resistances:

64370 **

63780 *

63200 **

62610

61420 last

61020

60630 **

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.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More