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Bitcoin / Dollar intraday: rebound towards 27980
2023-10-04
1278
Our pivot point stands at 27100.
Our preference: rebound towards 27980.
Alternative scenario: the downside breakout of 27100 would call for 26770 and 26570.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (27392) but below its 50 period moving average (27443).
Supports and resistances:
28380 **
28180 *
27980 **
27790
27395 last
27230
27100 **
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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