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Bitcoin / Dollar intraday: rebound towards 59300
2024-07-11
914
Our pivot point is at 56990.
Our preference: rebound towards 59300.
Alternative scenario: below 56990, expect 56120 and 55600.
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 stands above its 20 period moving average (57621) but below its 50 period moving average (58092).
Supports and resistances:
60340 **
59820 *
59300 **
58780
57676 last
57330
56990 **
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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