Bitcoin Intraday: target 63300
Jun 19, 2024 10:03 AM
target 63300.
Our pivot point stands at 66000.
Our preference: target 63300.
Alternative scenario: the upside breakout of 66000, would call for 67010 and 67620.
Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (65301) but above its 50 period moving average (65098).
Supports and resistances:
67620 **
67010 *
66000 **
65600
65200 last
63900
63300 **
62700 *
62090 **
Our preference: target 63300.
Alternative scenario: the upside breakout of 66000, would call for 67010 and 67620.
Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (65301) but above its 50 period moving average (65098).
Supports and resistances:
67620 **
67010 *
66000 **
65600
65200 last
63900
63300 **
62700 *
62090 **
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