Bitcoin Intraday: the upside prevails as long as 58420 is support
Sep 3, 2024 2:05 AM
the upside prevails as long as 58420 is support.

Our pivot point stands at 58420.
Our preference:
the upside prevails as long as 58420 is support.
Alternative scenario:
below 58420, expect 57210 and 56500.
Comment:
the RSI is above its neutrality area at 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 58907 and 58390).
Supports and resistances:
62960 **
62240 *
61530 **
60810
59371 last
58890
58420 **
57210 *
56500 **
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