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Bitcoin / Dollar intraday: above its upper Bollinger band

2024-02-14
512

Our pivot point is at 49160.

Our preference: the upside prevails as long as 49160 is support.

Alternative scenario: the downside breakout of 49160 would call for 48360 and 47890.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 49562 and 49509). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (49805).

Supports and resistances:

52270 **

51790 *

51320 **

50840

49820 last

49480

49160 **

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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