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Bitcoin / Dollar intraday: as long as 58320 is support look for 61790
2024-05-03
200
Our pivot point is at 58320.
Our preference: as long as 58320 is support look for 61790.
Alternative scenario: the downside breakout of 58320 would call for 56990 and 56200.
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 (59391) but above its 50 period moving average (58879).
Supports and resistances:
63380 **
62580 *
61790 **
61000
59390 last
58840
58320 **
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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