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Bitcoin / Dollar intraday: target 70730

2024-03-14
570

Our pivot point stands at 74000.

Our preference: target 70730.

Alternative scenario: above 74000, look for 75260 and 76010.

Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (73091) but above its 50 period moving average (72991).

Supports and resistances:

76010 **

75260 *

74000 **

73500

73004 last

71490

70730 **

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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