Bitcoin Intraday: the downside prevails as long as 65840 is resistance
Jun 20, 2024 8:59 PM
the downside prevails as long as 65840 is resistance.
Our pivot point is at 65840.
Our preference: the downside prevails as long as 65840 is resistance.
Alternative scenario: above 65840, look for 66850 and 67460.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 65295 and 65246).
Supports and resistances:
67460 **
66850 *
65840 **
65440
64985 last
63720
63120 **
62520 *
61920 **
Our preference: the downside prevails as long as 65840 is resistance.
Alternative scenario: above 65840, look for 66850 and 67460.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 65295 and 65246).
Supports and resistances:
67460 **
66850 *
65840 **
65440
64985 last
63720
63120 **
62520 *
61920 **
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