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Bitcoin / Dollar intraday: the downside prevails as long as 52100 is resistance
2024-02-26
875
Our pivot point stands at 52100.
Our preference: the downside prevails as long as 52100 is resistance.
Alternative scenario: the upside breakout of 52100, would call for 52920 and 53400.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 51620 and 51618).
Supports and resistances:
53400 **
52920 *
52100 **
51770
51447 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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