Bitcoin Intraday: rebound towards 68630
Jul 30, 2024 2:47 PM
rebound towards 68630.
Our pivot point is at 65670.
Our preference: rebound towards 68630.
Alternative scenario: the downside breakout of 65670 would call for 64690 and 64110.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 66650 and 67030).
Supports and resistances:
69800 **
69210 *
68630 **
68040
66500 last
66060
65670 **
64690 *
64110 **
Our preference: rebound towards 68630.
Alternative scenario: the downside breakout of 65670 would call for 64690 and 64110.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 66650 and 67030).
Supports and resistances:
69800 **
69210 *
68630 **
68040
66500 last
66060
65670 **
64690 *
64110 **
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