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Bitcoin / Dollar intraday: above its upper Bollinger band
2024-05-07
959
Our pivot point stands at 63030.
Our preference: the upside prevails as long as 63030 is support.
Alternative scenario: below 63030, expect 61650 and 60820.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 63579 and 63715). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 64264).
Supports and resistances:
68470 **
67640 *
66820 **
65990
64333 last
63570
63030 **
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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