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Bitcoin / Dollar intraday: as long as 63880 is support look for 66710
2024-07-16
797
Our pivot point is at 63880.
Our preference: as long as 63880 is support look for 66710.
Alternative scenario: the downside breakout of 63880 would call for 62930 and 62370.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64278 and 63449).
Supports and resistances:
67850 **
67280 *
66710 **
66140
64632 last
64260
63880 **
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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