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Bitcoin / Dollar intraday: the downside prevails as long as 51820 is resistance
2024-02-23
720
Our pivot point stands at 51820.
Our preference: the downside prevails as long as 51820 is resistance.
Alternative scenario: above 51820, look for 52640 and 53120.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 51359 and 51495).
Supports and resistances:
53120 **
52640 *
51820 **
51500
51181 last
50210
49730 **
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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