Bitcoin Intraday: as long as 57110 is support look for 59350
Jul 10, 2024 3:03 AM
as long as 57110 is support look for 59350.
Our pivot point stands at 57110.
Our preference: as long as 57110 is support look for 59350.
Alternative scenario: the downside breakout of 57110 would call for 56230 and 55710.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (57794) but above its 50 period moving average (57509).
Supports and resistances:
60390 **
59870 *
59350 **
58830
57793 last
57450
57110 **
56230 *
55710 **
Our preference: as long as 57110 is support look for 59350.
Alternative scenario: the downside breakout of 57110 would call for 56230 and 55710.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (57794) but above its 50 period moving average (57509).
Supports and resistances:
60390 **
59870 *
59350 **
58830
57793 last
57450
57110 **
56230 *
55710 **
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