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Bitcoin / Dollar intraday: below its lower Bollinger band
2024-03-21
625
67300 is our pivot point.
Our preference: the downside prevails as long as 67300 is resistance.
Alternative scenario: the upside breakout of 67300, would call for 68530 and 69270.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67024 and 66618). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (66356).
Supports and resistances:
69270 **
68530 *
67300 **
66810
66305 last
64780
64050 **
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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