Bitcoin Intraday: rebound towards 71900
May 23, 2024 2:23 AM
rebound towards 71900.
Our pivot point is at 68370.
Our preference: rebound towards 71900.
Alternative scenario: below 68370, expect 67030 and 66230.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69507 and 69764).
Supports and resistances:
73500 **
72700 *
71900 **
71100
69490 last
68900
68370 **
67030 *
66230 **
Our preference: rebound towards 71900.
Alternative scenario: below 68370, expect 67030 and 66230.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69507 and 69764).
Supports and resistances:
73500 **
72700 *
71900 **
71100
69490 last
68900
68370 **
67030 *
66230 **
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