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Bitcoin / Dollar intraday: rebound towards 28130

2023-10-06
439

Our pivot point stands at 27270.

Our preference: rebound towards 28130.

Alternative scenario: below 27270, expect 26930 and 26740.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (27494) but under its 50 period moving average (27604).

Supports and resistances:

28530 **

28330 *

28130 **

27940

27526 last

27400

27270 **

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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