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Bitcoin / Dollar intraday: the downside prevails as long as 27670 is resistance
2023-10-06
1113
Our pivot point stands at 27670.
Our preference: the downside prevails as long as 27670 is resistance.
Alternative scenario: the upside breakout of 27670, would call for 28000 and 28200.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 27504 and 27638).
Supports and resistances:
28200 **
28000 *
27670 **
27540
27415 last
27020
26820 **
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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