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Bitcoin / Dollar intraday: the upside prevails as long as 27270 is support
2023-10-04
605
Our pivot point stands at 27270.
Our preference: the upside prevails as long as 27270 is support.
Alternative scenario: the downside breakout of 27270 would call for 26940 and 26740.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 27492 and 27435).
Supports and resistances:
28520 **
28320 *
28120 **
27920
27530 last
27400
27270 **
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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