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Bitcoin Intraday: as long as 61560 is resistance look for 58440

Aug 23, 2024 4:04 AM
as long as 61560 is resistance look for 58440.
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61560 is our pivot point.
Our preference:
as long as 61560 is resistance look for 58440.
Alternative scenario:
above 61560, look for 62780 and 63500.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading above its 20 period moving average (60552) but under its 50 period moving average (60696).
Supports and resistances:
63500 **
62780 *
61560 **
61090
60608 last
59160
58440 **
57710 *
56990 **
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