Bitcoin Intraday: as long as 69850 is support look for 73450
May 21, 2024 8:50 AM
as long as 69850 is support look for 73450.
Our pivot point is at 69850.
Our preference: as long as 69850 is support look for 73450.
Alternative scenario: below 69850, expect 68480 and 67660.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (71123) but above its 50 period moving average (69228).
Supports and resistances:
75080 **
74270 *
73450 **
72630
70935 last
70390
69850 **
68480 *
67660 **
Our preference: as long as 69850 is support look for 73450.
Alternative scenario: below 69850, expect 68480 and 67660.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (71123) but above its 50 period moving average (69228).
Supports and resistances:
75080 **
74270 *
73450 **
72630
70935 last
70390
69850 **
68480 *
67660 **
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