Bitcoin Intraday: technical rebound towards 65970 before a new drop
Jun 19, 2024 12:41 AM
technical rebound towards 65970 before a new drop.
Our pivot point is at 65970.
Our preference: technical rebound towards 65970 before a new drop.
Alternative scenario: above 65970, look for 66980 and 67590.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (64780) but below its 50 period moving average (65203).
Supports and resistances:
67590 **
66980 *
65970 **
65570
65139 last
63920
63320 **
62710 *
62110 **
Our preference: technical rebound towards 65970 before a new drop.
Alternative scenario: above 65970, look for 66980 and 67590.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (64780) but below its 50 period moving average (65203).
Supports and resistances:
67590 **
66980 *
65970 **
65570
65139 last
63920
63320 **
62710 *
62110 **
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