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Bitcoin / Dollar intraday: rebound
2023-10-04
212
27160 is our pivot point.
Our preference: rebound.
Alternative scenario: the downside breakout of 27160 would call for 26830 and 26630.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (27387) but under its 50 period moving average (27460).
Supports and resistances:
28400 **
28210 *
28010 **
27810
27420 last
27290
27160 **
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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