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Bitcoin / Dollar intraday: the downside prevails as long as 61760 is resistance

2024-03-01
883

Our pivot point is at 61760.

Our preference: the downside prevails as long as 61760 is resistance.

Alternative scenario: above 61760, look for 62740 and 63330.

Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 61304 and 62028).

Supports and resistances:

63330 **

62740 *

61760 **

61380

60990 last

59810

59230 **

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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