Bitcoin Intraday: the downside prevails as long as 60360 is resistance
Aug 28, 2024 2:04 AM
the downside prevails as long as 60360 is resistance.
Our pivot point stands at 60360.
Our preference:
the downside prevails as long as 60360 is resistance.
Alternative scenario:
above 60360, look for 61570 and 62280.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 60657 and 61826).
Supports and resistances:
62280 **
61570 *
60360 **
59890
59385 last
57930
57210 **
56490 *
55780 **
Our preference:
the downside prevails as long as 60360 is resistance.
Alternative scenario:
above 60360, look for 61570 and 62280.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 60657 and 61826).
Supports and resistances:
62280 **
61570 *
60360 **
59890
59385 last
57930
57210 **
56490 *
55780 **
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