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Bitcoin / Dollar intraday: the downside prevails as long as 52090 is resistance
2024-02-26
378
Our pivot point is at 52090.
Our preference: the downside prevails as long as 52090 is resistance.
Alternative scenario: above 52090, look for 52910 and 53400.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 51644 and 51626).
Supports and resistances:
53400 **
52910 *
52090 **
51770
51446 last
50470
49980 **
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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