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Bitcoin / Dollar intraday: as long as 33690 is support look for 34990
2023-10-24
1105
Our pivot point is at 33690.
Our preference: as long as 33690 is support look for 34990.
Alternative scenario: the downside breakout of 33690 would call for 33210 and 32930.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 33998 and 32221).
Supports and resistances:
35560 **
35270 *
34990 **
34710
34120 last
33880
33690 **
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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