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Bitcoin / Dollar intraday: the downside prevails as long as 63360 is resistance
2024-05-08
259
Our pivot point is at 63360.
Our preference: the downside prevails as long as 63360 is resistance.
Alternative scenario: above 63360, look for 64710 and 65510.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 62506 and 63115).
Supports and resistances:
65510 **
64710 *
63360 **
62830
62300 last
60700
59900 **
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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