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Bitcoin / Dollar intraday: rebound towards 65830

2024-05-07
294

Our pivot point is at 62280.

Our preference: rebound towards 65830.

Alternative scenario: the downside breakout of 62280 would call for 60910 and 60100.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 63414 and 63791).

Supports and resistances:

67460 **

66640 *

65830 **

65010

63358 last

62820

62280 **

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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