Bitcoin Intraday: as long as 61620 is resistance look for 59020
Jun 30, 2024 7:17 AM
as long as 61620 is resistance look for 59020.
Our pivot point is at 61620.
Our preference: as long as 61620 is resistance look for 59020.
Alternative scenario: above 61620, look for 62570 and 63140.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI would call for further downside. Moreover, the price stands above its 20 period moving average (60818) but below its 50 period moving average (60872).
Supports and resistances:
63140 **
62570 *
61620 **
61240
60864 last
59590
59020 **
58450 *
57880 **
Our preference: as long as 61620 is resistance look for 59020.
Alternative scenario: above 61620, look for 62570 and 63140.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI would call for further downside. Moreover, the price stands above its 20 period moving average (60818) but below its 50 period moving average (60872).
Supports and resistances:
63140 **
62570 *
61620 **
61240
60864 last
59590
59020 **
58450 *
57880 **
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