Bitcoin Intraday: as long as 69770 is support look for 73520
May 21, 2024 2:02 PM
as long as 69770 is support look for 73520.
Our pivot point is at 69770.
Our preference: as long as 69770 is support look for 73520.
Alternative scenario: the downside breakout of 69770 would call for 68400 and 67590.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 71053 and 70049).
Supports and resistances:
75160 **
74340 *
73520 **
72700
71065 last
70310
69770 **
68400 *
67590 **
Our preference: as long as 69770 is support look for 73520.
Alternative scenario: the downside breakout of 69770 would call for 68400 and 67590.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 71053 and 70049).
Supports and resistances:
75160 **
74340 *
73520 **
72700
71065 last
70310
69770 **
68400 *
67590 **
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