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Bitcoin / Dollar intraday: rebound

2024-03-13
604

Our pivot point is at 70490.

Our preference: rebound.

Alternative scenario: below 70490, expect 69250 and 68510.

Comment: the RSI is above 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 its 20 period moving average (71065) but under its 50 period moving average (71622).

Supports and resistances:

75140 **

74400 *

73670 **

72930

71458 last

70970

70490 **

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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