Bitcoin Intraday: rebound towards 58410
Sep 6, 2024 6:47 AM
rebound towards 58410.
Our pivot point is at 55410.
Our preference:
rebound towards 58410.
Alternative scenario:
below 55410, expect 54270 and 53590.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 56370 and 56514).
Supports and resistances:
59770 **
59090 *
58410 **
57730
56330 last
55860
55410 **
54270 *
53590 **
Our preference:
rebound towards 58410.
Alternative scenario:
below 55410, expect 54270 and 53590.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 56370 and 56514).
Supports and resistances:
59770 **
59090 *
58410 **
57730
56330 last
55860
55410 **
54270 *
53590 **
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