Bitcoin Intraday: as long as 58530 is support look for 61570
Aug 17, 2024 7:50 PM
as long as 58530 is support look for 61570.
Our pivot point is at 58530.
Our preference: as long as 58530 is support look for 61570.
Alternative scenario: below 58530, expect 57370 and 56680.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 59379 and 59283).
Supports and resistances:
62950 **
62260 *
61570 **
60880
59500 last
58980
58530 **
57370 *
56680 **
Our preference: as long as 58530 is support look for 61570.
Alternative scenario: below 58530, expect 57370 and 56680.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 59379 and 59283).
Supports and resistances:
62950 **
62260 *
61570 **
60880
59500 last
58980
58530 **
57370 *
56680 **
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