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Bitcoin / Dollar intraday: as long as 51410 is support look for 53560
2024-02-19
548
Our pivot point is at 51410.
Our preference: as long as 51410 is support look for 53560.
Alternative scenario: the downside breakout of 51410 would call for 50570 and 50070.
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 trading under its 20 period moving average (52068) but above its 50 period moving average (51888).
Supports and resistances:
54560 **
54060 *
53560 **
53070
52066 last
51730
51410 **
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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