Bitcoin Intraday: rebound towards 65700
Jul 19, 2024 1:32 AM
rebound towards 65700.
63130 is our pivot point.
Our preference: rebound towards 65700.
Alternative scenario: below 63130, expect 62190 and 61630.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (63760) but below its 50 period moving average (64309).
Supports and resistances:
66820 **
66260 *
65700 **
65130
63865 last
63500
63130 **
62190 *
61630 **
Our preference: rebound towards 65700.
Alternative scenario: below 63130, expect 62190 and 61630.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (63760) but below its 50 period moving average (64309).
Supports and resistances:
66820 **
66260 *
65700 **
65130
63865 last
63500
63130 **
62190 *
61630 **
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