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Bitcoin / Dollar intraday: the downside prevails as long as 27790 is resistance
2023-10-06
778
Our pivot point is at 27790.
Our preference: the downside prevails as long as 27790 is resistance.
Alternative scenario: above 27790, look for 28120 and 28320.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 27671 and 27685).
Supports and resistances:
28320 **
28120 *
27790 **
27660
27461 last
27060
26870 **
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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