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Bitcoin / Dollar intraday: as long as 56310 is support look for 58710

2024-02-28
999

Our pivot point is at 56310.

Our preference: as long as 56310 is support look for 58710.

Alternative scenario: below 56310, expect 55390 and 54840.

Comment: the RSI is above 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 56997 and 56589).

Supports and resistances:

59800 **

59250 *

58710 **

58160

57069 last

56670

56310 **

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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