Bitcoin Intraday: as long as 58390 is support look for 60980
Aug 13, 2024 7:50 AM
as long as 58390 is support look for 60980.
Our pivot point stands at 58390.
Our preference: as long as 58390 is support look for 60980.
Alternative scenario: the downside breakout of 58390 would call for 57520 and 57010.
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 above its 20 and 50 period moving average (respectively at 59314 and 59209).
Supports and resistances:
62020 **
61500 *
60980 **
60460
59420 last
58740
58390 **
57520 *
57010 **
Our preference: as long as 58390 is support look for 60980.
Alternative scenario: the downside breakout of 58390 would call for 57520 and 57010.
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 above its 20 and 50 period moving average (respectively at 59314 and 59209).
Supports and resistances:
62020 **
61500 *
60980 **
60460
59420 last
58740
58390 **
57520 *
57010 **
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