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Bitcoin / Dollar intraday: above its upper Bollinger band

2024-01-26
931

Our pivot point stands at 39580.

Our preference: the upside prevails as long as 39580 is support.

Alternative scenario: below 39580, expect 38890 and 38480.

Comment: the RSI is above 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 39925 and 39947). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (40121).

Supports and resistances:

42190 **

41780 *

41370 **

40950

40133 last

39850

39580 **

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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