Bitcoin Intraday: above its upper Bollinger band
Sep 10, 2024 7:50 PM
the upside prevails as long as 56650 is support.
Our pivot point is at 56650.
Our preference:
the upside prevails as long as 56650 is support.
Alternative scenario:
the downside breakout of 56650 would call for 55460 and 54760.
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 57164 and 57063). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (57824).
Supports and resistances:
61480 **
60770 *
60060 **
59350
57930 last
57110
56650 **
55460 *
54760 **
Our preference:
the upside prevails as long as 56650 is support.
Alternative scenario:
the downside breakout of 56650 would call for 55460 and 54760.
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 57164 and 57063). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (57824).
Supports and resistances:
61480 **
60770 *
60060 **
59350
57930 last
57110
56650 **
55460 *
54760 **
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