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Bitcoin Intraday: as long as 65740 is support look for 68630
Jun 17, 2024 12:47 AM
as long as 65740 is support look for 68630.
65740 is our pivot point.
Our preference: as long as 65740 is support look for 68630.
Alternative scenario: the downside breakout of 65740 would call for 64610 and 63950.
Comment: the RSI is above 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 66572 and 66402).
Supports and resistances:
69970 **
69300 *
68630 **
67960
66630 last
66180
65740 **
64610 *
63950 **
Our preference: as long as 65740 is support look for 68630.
Alternative scenario: the downside breakout of 65740 would call for 64610 and 63950.
Comment: the RSI is above 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 66572 and 66402).
Supports and resistances:
69970 **
69300 *
68630 **
67960
66630 last
66180
65740 **
64610 *
63950 **
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