Bitcoin Intraday: as long as 56700 is support look for 59760
Sep 11, 2024 12:05 AM
as long as 56700 is support look for 59760.
Our pivot point stands at 56700.
Our preference:
as long as 56700 is support look for 59760.
Alternative scenario:
the downside breakout of 56700 would call for 55510 and 54800.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 57397 and 57135).
Supports and resistances:
61170 **
60470 *
59760 **
59050
57630 last
57160
56700 **
55510 *
54800 **
Our preference:
as long as 56700 is support look for 59760.
Alternative scenario:
the downside breakout of 56700 would call for 55510 and 54800.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 57397 and 57135).
Supports and resistances:
61170 **
60470 *
59760 **
59050
57630 last
57160
56700 **
55510 *
54800 **
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