Bitcoin Intraday: the downside prevails as long as 62130 is resistance
Jun 24, 2024 2:35 PM
the downside prevails as long as 62130 is resistance.
Our pivot point is at 62130.
Our preference: the downside prevails as long as 62130 is resistance.
Alternative scenario: above 62130, look for 63090 and 63650.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 61907 and 62980).
Supports and resistances:
63650 **
63090 *
62130 **
61750
61378 last
60080
59510 **
58950 *
58380 **
Our preference: the downside prevails as long as 62130 is resistance.
Alternative scenario: above 62130, look for 63090 and 63650.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 61907 and 62980).
Supports and resistances:
63650 **
63090 *
62130 **
61750
61378 last
60080
59510 **
58950 *
58380 **
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