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Bitcoin Intraday: the upside prevails as long as 64690 is support
Jun 19, 2024 7:32 AM
the upside prevails as long as 64690 is support.
Our pivot point is at 64690.
Our preference: the upside prevails as long as 64690 is support.
Alternative scenario: the downside breakout of 64690 would call for 63670 and 63060.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 65283 and 65125).
Supports and resistances:
68620 **
68010 *
67400 **
66790
65547 last
65090
64690 **
63670 *
63060 **
Our preference: the upside prevails as long as 64690 is support.
Alternative scenario: the downside breakout of 64690 would call for 63670 and 63060.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 65283 and 65125).
Supports and resistances:
68620 **
68010 *
67400 **
66790
65547 last
65090
64690 **
63670 *
63060 **
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