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Bitcoin / Dollar intraday: rebound towards 28250

2023-10-03
1125

Our pivot point stands at 27340.

Our preference: rebound towards 28250.

Alternative scenario: below 27340, expect 27010 and 26810.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (27571) but under its 50 period moving average (27934).

Supports and resistances:

28650 **

28450 *

28250 **

28050

27658 last

27480

27340 **

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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