Bitcoin Intraday: rebound towards 61730
Jul 4, 2024 12:56 AM
rebound towards 61730.
Our pivot point stands at 59470.
Our preference: rebound towards 61730.
Alternative scenario: below 59470, expect 58620 and 58110.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (60137) but under its 50 period moving average (60569).
Supports and resistances:
62750 **
62240 *
61730 **
61220
60181 last
59810
59470 **
58620 *
58110 **
Our preference: rebound towards 61730.
Alternative scenario: below 59470, expect 58620 and 58110.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (60137) but under its 50 period moving average (60569).
Supports and resistances:
62750 **
62240 *
61730 **
61220
60181 last
59810
59470 **
58620 *
58110 **
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