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Bitcoin / Dollar intraday: the downside prevails as long as 70180 is resistance

2024-03-15
861

Our pivot point is at 70180.

Our preference: the downside prevails as long as 70180 is resistance.

Alternative scenario: above 70180, look for 71380 and 72100.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 70791 and 71911).

Supports and resistances:

72100 **

71380 *

70180 **

69710

69242 last

67310

66600 **

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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