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Bitcoin / Dollar intraday: the upside prevails as long as 42550 is support
2024-02-07
241
Our pivot point stands at 42550.
Our preference: the upside prevails as long as 42550 is support.
Alternative scenario: below 42550, expect 41850 and 41420.
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 42982 and 43047).
Supports and resistances:
45260 **
44840 *
44410 **
43990
43111 last
42830
42550 **
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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