Bitcoin Intraday: as long as 60170 is support look for 63230
Aug 14, 2024 1:02 PM
as long as 60170 is support look for 63230.
Our pivot point stands at 60170.
Our preference: as long as 60170 is support look for 63230.
Alternative scenario: the downside breakout of 60170 would call for 58980 and 58270.
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 trading above both its 20 and 50 period moving average (respectively at 61032 and 60681).
Supports and resistances:
64640 **
63930 *
63230 **
62520
61101 last
60630
60170 **
58980 *
58270 **
Our preference: as long as 60170 is support look for 63230.
Alternative scenario: the downside breakout of 60170 would call for 58980 and 58270.
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 trading above both its 20 and 50 period moving average (respectively at 61032 and 60681).
Supports and resistances:
64640 **
63930 *
63230 **
62520
61101 last
60630
60170 **
58980 *
58270 **
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