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Bitcoin / Dollar intraday: as long as 27470 is support look for 28330
2023-10-05
720
Our pivot point stands at 27470.
Our preference: as long as 27470 is support look for 28330.
Alternative scenario: below 27470, expect 27140 and 26940.
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 trading above both its 20 and 50 period moving average (respectively at 27689 and 27552).
Supports and resistances:
28730 **
28530 *
28330 **
28130
27736 last
27600
27470 **
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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