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Bitcoin Intraday: the downside prevails as long as 67540 is resistance
Jun 13, 2024 8:50 PM
the downside prevails as long as 67540 is resistance.
67540 is our pivot point.
Our preference: the downside prevails as long as 67540 is resistance.
Alternative scenario: the upside breakout of 67540, would call for 68660 and 69330.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67184 and 67567).
Supports and resistances:
69330 **
68660 *
67540 **
67100
66650 last
65260
64600 **
63930 *
63260 **
Our preference: the downside prevails as long as 67540 is resistance.
Alternative scenario: the upside breakout of 67540, would call for 68660 and 69330.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67184 and 67567).
Supports and resistances:
69330 **
68660 *
67540 **
67100
66650 last
65260
64600 **
63930 *
63260 **
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