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Bitcoin / Dollar intraday: rebound towards 65240
2024-05-08
450
Our pivot point stands at 61700.
Our preference: rebound towards 65240.
Alternative scenario: the downside breakout of 61700 would call for 60340 and 59540.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 62783 and 63310).
Supports and resistances:
66860 **
66050 *
65240 **
64440
62766 last
62230
61700 **
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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