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Bitcoin / Dollar intraday: the upside prevails as long as 42860 is support

2024-01-30
612

Our pivot point stands at 42860.

Our preference: the upside prevails as long as 42860 is support.

Alternative scenario: below 42860, expect 42090 and 41630.

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 43239 and 42676).

Supports and resistances:

45780 **

45320 *

44870 **

44410

43500 last

43160

42860 **

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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