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Bitcoin Intraday: the downside prevails as long as 67140 is resistance
Jun 17, 2024 7:46 AM
the downside prevails as long as 67140 is resistance.
Our pivot point is at 67140.
Our preference: the downside prevails as long as 67140 is resistance.
Alternative scenario: above 67140, look for 68250 and 68920.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 66422 and 66454).
Supports and resistances:
68920 **
68250 *
67140 **
66700
66118 last
64790
64130 **
63470 *
62800 **
Our preference: the downside prevails as long as 67140 is resistance.
Alternative scenario: above 67140, look for 68250 and 68920.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 66422 and 66454).
Supports and resistances:
68920 **
68250 *
67140 **
66700
66118 last
64790
64130 **
63470 *
62800 **
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