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Bitcoin / Dollar ST: as long as 60000 is support look for 90580

2024-04-02
386

Our pivot point stands at 60000.

Our preference: as long as 60000 is support look for 90580.

Alternative scenario: the downside breakout of 60000 would call for 49690 and 43550.

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 above both its 20 and 50 period moving average (respectively at 68309 and 62489).

Supports and resistances:

103440 **

97010 *

90580 **

84160

69717 last

64050

60000 **

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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