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Bitcoin Intraday: the downside prevails as long as 66390 is resistance
Jun 18, 2024 7:38 AM
the downside prevails as long as 66390 is resistance.
Our pivot point stands at 66390.
Our preference: the downside prevails as long as 66390 is resistance.
Alternative scenario: the upside breakout of 66390, would call for 67410 and 68020.
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 65864 and 65944).
Supports and resistances:
68020 **
67410 *
66390 **
65990
65457 last
64200
63600 **
62990 *
62380 **
Our preference: the downside prevails as long as 66390 is resistance.
Alternative scenario: the upside breakout of 66390, would call for 67410 and 68020.
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 65864 and 65944).
Supports and resistances:
68020 **
67410 *
66390 **
65990
65457 last
64200
63600 **
62990 *
62380 **
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