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Bitcoin / Dollar intraday: as long as 62550 is support look for 65510

2024-07-16
616

Our pivot point is at 62550.

Our preference: as long as 62550 is support look for 65510.

Alternative scenario: the downside breakout of 62550 would call for 61590 and 61030.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 63043 and 62308).

Supports and resistances:

66660 **

66090 *

65510 **

64940

63335 last

62930

62550 **

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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