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Bitcoin / Dollar intraday: rebound towards 58660

2024-07-12
543

56440 is our pivot point.

Our preference: rebound towards 58660.

Alternative scenario: below 56440, expect 55580 and 55060.

Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 57145 and 57659).

Supports and resistances:

59690 **

59170 *

58660 **

58150

57120 last

56780

56440 **

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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