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Bitcoin / Dollar intraday: as long as 62660 is support look for 65290

2024-03-04
246

Our pivot point is at 62660.

Our preference: as long as 62660 is support look for 65290.

Alternative scenario: the downside breakout of 62660 would call for 61640 and 61030.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 63334 and 62634).

Supports and resistances:

66500 **

65890 *

65290 **

64680

63459 last

63060

62660 **

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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