Bitcoin Intraday: rebound towards 59810
Sep 2, 2024 4:04 AM
rebound towards 59810.
Our pivot point is at 56700.
Our preference:
rebound towards 59810.
Alternative scenario:
below 56700, expect 55530 and 54840.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 57819 and 58014).
Supports and resistances:
61200 **
60510 *
59810 **
59110
57664 last
57160
56700 **
55530 *
54840 **
Our preference:
rebound towards 59810.
Alternative scenario:
below 56700, expect 55530 and 54840.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 57819 and 58014).
Supports and resistances:
61200 **
60510 *
59810 **
59110
57664 last
57160
56700 **
55530 *
54840 **
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