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Bitcoin / Dollar intraday: the upside prevails as long as 51490 is support

2024-02-21
1035

Our pivot point stands at 51490.

Our preference: the upside prevails as long as 51490 is support.

Alternative scenario: below 51490, expect 50660 and 50170.

Comment: the RSI is above its neutrality area at 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 51889 and 51906).

Supports and resistances:

54670 **

54170 *

53680 **

53180

52153 last

51820

51490 **

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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