Bitcoin Intraday: rebound towards 67550
Jun 18, 2024 9:30 AM
rebound towards 67550.
Our pivot point stands at 64800.
Our preference: rebound towards 67550.
Alternative scenario: below 64800, expect 63780 and 63170.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (65682) but under its 50 period moving average (65901).
Supports and resistances:
68770 **
68160 *
67550 **
66940
65710 last
65200
64800 **
63780 *
63170 **
Our preference: rebound towards 67550.
Alternative scenario: below 64800, expect 63780 and 63170.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (65682) but under its 50 period moving average (65901).
Supports and resistances:
68770 **
68160 *
67550 **
66940
65710 last
65200
64800 **
63780 *
63170 **
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