Bitcoin Intraday: rebound towards 59300
Jul 11, 2024 12:38 AM
rebound towards 59300.
Our pivot point is at 56990.
Our preference: rebound towards 59300.
Alternative scenario: below 56990, expect 56120 and 55600.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (57621) but below its 50 period moving average (58092).
Supports and resistances:
60340 **
59820 *
59300 **
58780
57676 last
57330
56990 **
56120 *
55600 **
Our preference: rebound towards 59300.
Alternative scenario: below 56990, expect 56120 and 55600.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (57621) but below its 50 period moving average (58092).
Supports and resistances:
60340 **
59820 *
59300 **
58780
57676 last
57330
56990 **
56120 *
55600 **
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