Bitcoin Intraday: as long as 55830 is support look for 58000
Jul 6, 2024 7:23 AM
as long as 55830 is support look for 58000.
Our pivot point stands at 55830.
Our preference: as long as 55830 is support look for 58000.
Alternative scenario: below 55830, expect 55030 and 54550.
Comment: the RSI is above its neutrality area at 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 56449 and 55915).
Supports and resistances:
58950 **
58470 *
58000 **
57520
56462 last
56150
55830 **
55030 *
54550 **
Our preference: as long as 55830 is support look for 58000.
Alternative scenario: below 55830, expect 55030 and 54550.
Comment: the RSI is above its neutrality area at 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 56449 and 55915).
Supports and resistances:
58950 **
58470 *
58000 **
57520
56462 last
56150
55830 **
55030 *
54550 **
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