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Bitcoin / Dollar intraday: as long as 66900 is resistance look for 63730

2024-03-22
669

Our pivot point is at 66900.

Our preference: as long as 66900 is resistance look for 63730.

Alternative scenario: the upside breakout of 66900, would call for 68130 and 68860.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 65979 and 66145).

Supports and resistances:

68860 **

68130 *

66900 **

66420

65922 last

64460

63730 **

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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