Bitcoin Intraday: as long as 60010 is support look for 63140
Aug 14, 2024 4:05 AM
as long as 60010 is support look for 63140.
60010 is our pivot point.
Our preference: as long as 60010 is support look for 63140.
Alternative scenario: the downside breakout of 60010 would call for 58830 and 58120.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 60752 and 59962).
Supports and resistances:
64550 **
63840 *
63140 **
62430
60952 last
60480
60010 **
58830 *
58120 **
Our preference: as long as 60010 is support look for 63140.
Alternative scenario: the downside breakout of 60010 would call for 58830 and 58120.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 60752 and 59962).
Supports and resistances:
64550 **
63840 *
63140 **
62430
60952 last
60480
60010 **
58830 *
58120 **
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