Bitcoin Intraday: the upside prevails as long as 63160 is support
Aug 25, 2024 7:51 PM
the upside prevails as long as 63160 is support.
63160 is our pivot point.
Our preference:
the upside prevails as long as 63160 is support.
Alternative scenario:
below 63160, expect 61870 and 61110.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 64074 and 64084).
Supports and resistances:
68030 **
67270 *
66500 **
65730
64199 last
63670
63160 **
61870 *
61110 **
Our preference:
the upside prevails as long as 63160 is support.
Alternative scenario:
below 63160, expect 61870 and 61110.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 64074 and 64084).
Supports and resistances:
68030 **
67270 *
66500 **
65730
64199 last
63670
63160 **
61870 *
61110 **
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