Bitcoin Intraday: the downside prevails as long as 63350 is resistance
Jul 2, 2024 9:45 AM
the downside prevails as long as 63350 is resistance.
Our pivot point stands at 63350.
Our preference: the downside prevails as long as 63350 is resistance.
Alternative scenario: above 63350, look for 64240 and 64770.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 62861 and 62935).
Supports and resistances:
64770 **
64240 *
63350 **
63000
62617 last
61510
60980 **
60450 *
59920 **
Our preference: the downside prevails as long as 63350 is resistance.
Alternative scenario: above 63350, look for 64240 and 64770.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 62861 and 62935).
Supports and resistances:
64770 **
64240 *
63350 **
63000
62617 last
61510
60980 **
60450 *
59920 **
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