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Bitcoin / Dollar intraday: as long as 44050 is support look for 45950
2024-02-08
1002
Our pivot point stands at 44050.
Our preference: as long as 44050 is support look for 45950.
Alternative scenario: the downside breakout of 44050 would call for 43320 and 42880.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 44576 and 43900).
Supports and resistances:
46830 **
46390 *
45950 **
45520
44644 last
44340
44050 **
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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