Bitcoin Intraday: rebound towards 66080
Aug 1, 2024 7:32 AM
rebound towards 66080.
Our pivot point stands at 63480.
Our preference: rebound towards 66080.
Alternative scenario: below 63480, expect 62530 and 61970.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (64348) but below its 50 period moving average (65422).
Supports and resistances:
67210 **
66650 *
66080 **
65520
64384 last
63850
63480 **
62530 *
61970 **
Our preference: rebound towards 66080.
Alternative scenario: below 63480, expect 62530 and 61970.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (64348) but below its 50 period moving average (65422).
Supports and resistances:
67210 **
66650 *
66080 **
65520
64384 last
63850
63480 **
62530 *
61970 **
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