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Bitcoin / Dollar intraday: the downside prevails as long as 64720 is resistance
2024-05-06
457
Our pivot point is at 64720.
Our preference: the downside prevails as long as 64720 is resistance.
Alternative scenario: above 64720, look for 66140 and 66990.
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 stands below its 20 and 50 period moving average (respectively at 64339 and 64169).
Supports and resistances:
66990 **
66140 *
64720 **
64160
63565 last
61830
60990 **
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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