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Bitcoin / Dollar intraday: as long as 61890 is support look for 64550

2024-07-15
1152

Our pivot point is at 61890.

Our preference: as long as 61890 is support look for 64550.

Alternative scenario: the downside breakout of 61890 would call for 60950 and 60380.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (62734) but above its 50 period moving average (61493).

Supports and resistances:

65690 **

65120 *

64550 **

63990

62638 last

62270

61890 **

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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