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Bitcoin / Dollar intraday: our next up target stands at 44160
2024-02-06
438
Our pivot point is at 42240.
Our preference: our next up target stands at 44160.
Alternative scenario: below 42240, expect 41530 and 41110.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 42591 and 42776).
Supports and resistances:
45000 **
44580 *
44160 **
43740
42862 last
42510
42240 **
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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