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Bitcoin / Dollar intraday: as long as 27410 is support look for 28260

2023-10-05
762

Our pivot point stands at 27410.

Our preference: as long as 27410 is support look for 28260.

Alternative scenario: below 27410, expect 27070 and 26880.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (27715) but above its 50 period moving average (27577).

Supports and resistances:

28660 **

28460 *

28260 **

28070

27669 last

27540

27410 **

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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