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Bitcoin / Dollar intraday: as long as 30280 is support look for 31150

2023-10-23
517

Our pivot point stands at 30280.

Our preference: as long as 30280 is support look for 31150.

Alternative scenario: the downside breakout of 30280 would call for 29950 and 29750.

Comment: the RSI is above 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 30466 and 30122).

Supports and resistances:

31550 **

31350 *

31150 **

30950

30550 last

30420

30280 **

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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