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Bitcoin / Dollar intraday: rebound towards 28020

2023-10-04
386

Our pivot point is at 27160.

Our preference: rebound towards 28020.

Alternative scenario: below 27160, expect 26830 and 26630.

Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (27388) but below its 50 period moving average (27486).

Supports and resistances:

28410 **

28210 *

28020 **

27820

27420 last

27290

27160 **

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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