Bitcoin Intraday: rebound towards 60480
Aug 15, 2024 4:04 AM
rebound towards 60480.
Our pivot point stands at 57550.
Our preference: rebound towards 60480.
Alternative scenario: the downside breakout of 57550 would call for 56410 and 55740.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 58783 and 59782).
Supports and resistances:
61840 **
61160 *
60480 **
59800
58448 last
58000
57550 **
56410 *
55740 **
Our preference: rebound towards 60480.
Alternative scenario: the downside breakout of 57550 would call for 56410 and 55740.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 58783 and 59782).
Supports and resistances:
61840 **
61160 *
60480 **
59800
58448 last
58000
57550 **
56410 *
55740 **
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