Bitcoin Intraday: as long as 62500 is support look for 65080
Jul 1, 2024 7:52 AM
as long as 62500 is support look for 65080.
Our pivot point is at 62500.
Our preference: as long as 62500 is support look for 65080.
Alternative scenario: the downside breakout of 62500 would call for 61510 and 60920.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 63016 and 62124).
Supports and resistances:
66270 **
65670 *
65080 **
64490
63305 last
62890
62500 **
61510 *
60920 **
Our preference: as long as 62500 is support look for 65080.
Alternative scenario: the downside breakout of 62500 would call for 61510 and 60920.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 63016 and 62124).
Supports and resistances:
66270 **
65670 *
65080 **
64490
63305 last
62890
62500 **
61510 *
60920 **
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