Bitcoin Intraday: rebound towards 62760
Jun 27, 2024 3:07 AM
rebound towards 62760.
Our pivot point is at 60280.
Our preference: rebound towards 62760.
Alternative scenario: the downside breakout of 60280 would call for 59320 and 58750.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (60959) but under its 50 period moving average (61351).
Supports and resistances:
63900 **
63330 *
62760 **
62190
61032 last
60650
60280 **
59320 *
58750 **
Our preference: rebound towards 62760.
Alternative scenario: the downside breakout of 60280 would call for 59320 and 58750.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (60959) but under its 50 period moving average (61351).
Supports and resistances:
63900 **
63330 *
62760 **
62190
61032 last
60650
60280 **
59320 *
58750 **
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