Bitcoin Intraday: as long as 58280 is support look for 61290
Aug 17, 2024 6:46 AM
as long as 58280 is support look for 61290.
Our pivot point stands at 58280.
Our preference: as long as 58280 is support look for 61290.
Alternative scenario: below 58280, expect 57130 and 56440.
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 59132 and 58828).
Supports and resistances:
62660 **
61980 *
61290 **
60600
59184 last
58730
58280 **
57130 *
56440 **
Our preference: as long as 58280 is support look for 61290.
Alternative scenario: below 58280, expect 57130 and 56440.
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 59132 and 58828).
Supports and resistances:
62660 **
61980 *
61290 **
60600
59184 last
58730
58280 **
57130 *
56440 **
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