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Bitcoin / Dollar intraday: as long as 43920 is support look for 45840

2024-02-08
445

Our pivot point stands at 43920.

Our preference: as long as 43920 is support look for 45840.

Alternative scenario: below 43920, expect 43180 and 42750.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 44494 and 43761).

Supports and resistances:

46710 **

46270 *

45840 **

45400

44517 last

44200

43920 **

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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