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Bitcoin / Dollar intraday: target 63550
2024-04-23
110
67930 is our pivot point.
Our preference: target 63550.
Alternative scenario: the upside breakout of 67930, would call for 69540 and 70500.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (66696) but above its 50 period moving average (66404).
Supports and resistances:
70500 **
69540 *
67930 **
67290
66418 last
64500
63550 **
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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