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Bitcoin / Dollar intraday: as long as 42390 is support look for 44340

2024-02-02
1063

Our pivot point stands at 42390.

Our preference: as long as 42390 is support look for 44340.

Alternative scenario: the downside breakout of 42390 would call for 41630 and 41180.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (43061) but above its 50 period moving average (42668).

Supports and resistances:

45240 **

44790 *

44340 **

43890

42986 last

42690

42390 **

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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