Bitcoin Intraday: as long as 60050 is support look for 62680
Aug 9, 2024 7:33 AM
as long as 60050 is support look for 62680.
Our pivot point stands at 60050.
Our preference: as long as 60050 is support look for 62680.
Alternative scenario: below 60050, expect 59150 and 58620.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (61206) but above its 50 period moving average (59473).
Supports and resistances:
63750 **
63210 *
62680 **
62140
61070 last
60400
60050 **
59150 *
58620 **
Our preference: as long as 60050 is support look for 62680.
Alternative scenario: below 60050, expect 59150 and 58620.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (61206) but above its 50 period moving average (59473).
Supports and resistances:
63750 **
63210 *
62680 **
62140
61070 last
60400
60050 **
59150 *
58620 **
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