Bitcoin Intraday: as long as 65830 is support look for 68430
Jul 20, 2024 7:32 AM
as long as 65830 is support look for 68430.
Our pivot point is at 65830.
Our preference: as long as 65830 is support look for 68430.
Alternative scenario: the downside breakout of 65830 would call for 64850 and 64270.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (66683) but above its 50 period moving average (65781).
Supports and resistances:
69600 **
69020 *
68430 **
67850
66647 last
66210
65830 **
64850 *
64270 **
Our preference: as long as 65830 is support look for 68430.
Alternative scenario: the downside breakout of 65830 would call for 64850 and 64270.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (66683) but above its 50 period moving average (65781).
Supports and resistances:
69600 **
69020 *
68430 **
67850
66647 last
66210
65830 **
64850 *
64270 **
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