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Bitcoin / Dollar intraday: as long as 58280 is support look for 61700
2024-05-03
784
Our pivot point stands at 58280.
Our preference: as long as 58280 is support look for 61700.
Alternative scenario: below 58280, expect 56960 and 56170.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 59175 and 58469).
Supports and resistances:
63280 **
62490 *
61700 **
60910
59325 last
58800
58280 **
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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