简体中文
ภาษาไทย
繁體中文
Indonesia
Bitcoin / Dollar intraday: the RSI is overbought
2024-02-28
625
Our pivot point stands at 56740.
Our preference: the upside prevails as long as 56740 is support.
Alternative scenario: the downside breakout of 56740 would call for 55820 and 55270.
Comment: the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). 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 57102 and 56918). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (57576).
Supports and resistances:
60770 **
60220 *
59660 **
59110
57892 last
57100
56740 **
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.
CM Trade Mobile Application
Economics Calendar
More
