Bitcoin Intraday: rebound towards 67780
Jul 24, 2024 5:03 AM
rebound towards 67780.
65120 is our pivot point.
Our preference: rebound towards 67780.
Alternative scenario: below 65120, expect 64150 and 63570.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (65842) but below its 50 period moving average (66306).
Supports and resistances:
68940 **
68360 *
67780 **
67200
65907 last
65500
65120 **
64150 *
63570 **
Our preference: rebound towards 67780.
Alternative scenario: below 65120, expect 64150 and 63570.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (65842) but below its 50 period moving average (66306).
Supports and resistances:
68940 **
68360 *
67780 **
67200
65907 last
65500
65120 **
64150 *
63570 **
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