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Bitcoin / Dollar intraday: rebound towards 28220

2023-10-03
1099

Our pivot point stands at 27350.

Our preference: rebound towards 28220.

Alternative scenario: below 27350, expect 27020 and 26820.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (27566) but below its 50 period moving average (27888).

Supports and resistances:

28610 **

28420 *

28220 **

28020

27615 last

27480

27350 **

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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