Bitcoin Intraday: as long as 59790 is support look for 62900
Aug 20, 2024 8:41 AM
as long as 59790 is support look for 62900.
Our pivot point stands at 59790.
Our preference: as long as 59790 is support look for 62900.
Alternative scenario: below 59790, expect 58610 and 57900.
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 above its 20 and 50 period moving average (respectively at 60621 and 59458).
Supports and resistances:
64310 **
63610 *
62900 **
62200
60788 last
60250
59790 **
58610 *
57900 **
Our preference: as long as 59790 is support look for 62900.
Alternative scenario: below 59790, expect 58610 and 57900.
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 above its 20 and 50 period moving average (respectively at 60621 and 59458).
Supports and resistances:
64310 **
63610 *
62900 **
62200
60788 last
60250
59790 **
58610 *
57900 **
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