Bitcoin Intraday: the upside prevails as long as 64110 is support
Jul 18, 2024 7:17 AM
the upside prevails as long as 64110 is support.
Our pivot point stands at 64110.
Our preference: the upside prevails as long as 64110 is support.
Alternative scenario: the downside breakout of 64110 would call for 63150 and 62580.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 64537 and 64758).
Supports and resistances:
67850 **
67280 *
66710 **
66140
65000 last
64480
64110 **
63150 *
62580 **
Our preference: the upside prevails as long as 64110 is support.
Alternative scenario: the downside breakout of 64110 would call for 63150 and 62580.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 64537 and 64758).
Supports and resistances:
67850 **
67280 *
66710 **
66140
65000 last
64480
64110 **
63150 *
62580 **
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