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Bitcoin / Dollar intraday: as long as 57110 is support look for 59350
2024-07-10
457
Our pivot point stands at 57110.
Our preference: as long as 57110 is support look for 59350.
Alternative scenario: the downside breakout of 57110 would call for 56230 and 55710.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (57794) but above its 50 period moving average (57509).
Supports and resistances:
60390 **
59870 *
59350 **
58830
57793 last
57450
57110 **
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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