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Bitcoin / Dollar intraday: the upside prevails as long as 65240 is support

2024-03-22
150

Our pivot point stands at 65240.

Our preference: the upside prevails as long as 65240 is support.

Alternative scenario: the downside breakout of 65240 would call for 64000 and 63270.

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 65877 and 66247).

Supports and resistances:

70010 **

69280 *

68540 **

67810

66267 last

65720

65240 **

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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