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Bitcoin / Dollar intraday: as long as 42530 is support look for 44520
2024-02-02
838
42530 is our pivot point.
Our preference: as long as 42530 is support look for 44520.
Alternative scenario: the downside breakout of 42530 would call for 41770 and 41310.
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 43083 and 42754).
Supports and resistances:
45420 **
44970 *
44520 **
44060
43159 last
42820
42530 **
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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