Bitcoin / Dollar intraday: our next up target stands at 53680
Our pivot point is at 51370.
Our preference: our next up target stands at 53680.
Alternative scenario: the downside breakout of 51370 would call for 50540 and 50050.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 51903 and 51845).
Supports and resistances:
54670 **
54170 *
53680 **
53180
52022 last
51700
51370 **
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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