Bitcoin Intraday: the upside prevails as long as 54290 is support
Sep 9, 2024 8:43 AM
the upside prevails as long as 54290 is support.
Our pivot point is at 54290.
Our preference:
the upside prevails as long as 54290 is support.
Alternative scenario:
below 54290, expect 53170 and 52510.
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 54965 and 54601).
Supports and resistances:
58640 **
57970 *
57300 **
56630
55168 last
54730
54290 **
53170 *
52510 **
Our preference:
the upside prevails as long as 54290 is support.
Alternative scenario:
below 54290, expect 53170 and 52510.
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 54965 and 54601).
Supports and resistances:
58640 **
57970 *
57300 **
56630
55168 last
54730
54290 **
53170 *
52510 **
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