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Bitcoin / Dollar intraday: as long as 58030 is support look for 61470
2024-05-03
550
Our pivot point is at 58030.
Our preference: as long as 58030 is support look for 61470.
Alternative scenario: the downside breakout of 58030 would call for 56710 and 55930.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (59161) but above its 50 period moving average (58361).
Supports and resistances:
63050 **
62260 *
61470 **
60690
59076 last
58550
58030 **
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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