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Bitcoin / Dollar intraday: the upside prevails as long as 61810 is support

2024-02-29
629

Our pivot point stands at 61810.

Our preference: the upside prevails as long as 61810 is support.

Alternative scenario: below 61810, expect 60800 and 60210.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 61971 and 60869).

Supports and resistances:

65840 **

65240 *

64640 **

64040

62638 last

62210

61810 **

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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