Bitcoin Intraday: rebound towards 68620
Jul 30, 2024 9:21 AM
rebound towards 68620.
66020 is our pivot point.
Our preference: rebound towards 68620.
Alternative scenario: below 66020, expect 65040 and 64450.
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 is trading above its 20 period moving average (66623) but under its 50 period moving average (67640).
Supports and resistances:
69790 **
69210 *
68620 **
68040
66844 last
66410
66020 **
65040 *
64450 **
Our preference: rebound towards 68620.
Alternative scenario: below 66020, expect 65040 and 64450.
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 is trading above its 20 period moving average (66623) but under its 50 period moving average (67640).
Supports and resistances:
69790 **
69210 *
68620 **
68040
66844 last
66410
66020 **
65040 *
64450 **
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