Bitcoin Intraday: the upside prevails as long as 64340 is support
Jun 20, 2024 5:35 AM
the upside prevails as long as 64340 is support.
Our pivot point stands at 64340.
Our preference: the upside prevails as long as 64340 is support.
Alternative scenario: the downside breakout of 64340 would call for 63320 and 62720.
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 trading above both its 20 and 50 period moving average (respectively at 65010 and 65111).
Supports and resistances:
68170 **
67570 *
66960 **
66360
65151 last
64740
64340 **
63320 *
62720 **
Our preference: the upside prevails as long as 64340 is support.
Alternative scenario: the downside breakout of 64340 would call for 63320 and 62720.
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 trading above both its 20 and 50 period moving average (respectively at 65010 and 65111).
Supports and resistances:
68170 **
67570 *
66960 **
66360
65151 last
64740
64340 **
63320 *
62720 **
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