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Bitcoin / Dollar intraday: technical rebound towards 71050 before a new drop
2024-04-02
136
71050 is our pivot point.
Our preference: technical rebound towards 71050 before a new drop.
Alternative scenario: above 71050, look for 72580 and 73480.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above its 20 period moving average (69211) but under its 50 period moving average (69767).
Supports and resistances:
73480 **
72580 *
71050 **
70450
69708 last
67890
66990 **
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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