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Bitcoin / Dollar intraday: rebound towards 27920

2023-10-04
990

Our pivot point stands at 27070.

Our preference: rebound towards 27920.

Alternative scenario: below 27070, expect 26740 and 26540.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 27377 and 27473).

Supports and resistances:

28320 **

28120 *

27920 **

27730

27336 last

27200

27070 **

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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