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Bitcoin / Dollar intraday: the upside prevails as long as 66550 is support
2024-03-08
244
Our pivot point stands at 66550.
Our preference: the upside prevails as long as 66550 is support.
Alternative scenario: the downside breakout of 66550 would call for 65470 and 64820.
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 trading above both its 20 and 50 period moving average (respectively at 67187 and 67166).
Supports and resistances:
70910 **
70260 *
69610 **
68960
67410 last
66970
66550 **
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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