Bitcoin Intraday: the upside prevails as long as 56580 is support
Sep 11, 2024 7:50 PM
the upside prevails as long as 56580 is support.
Our pivot point stands at 56580.
Our preference:
the upside prevails as long as 56580 is support.
Alternative scenario:
below 56580, expect 55390 and 54690.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 56883 and 56974).
Supports and resistances:
61300 **
60590 *
59880 **
59170
57517 last
57040
56580 **
55390 *
54690 **
Our preference:
the upside prevails as long as 56580 is support.
Alternative scenario:
below 56580, expect 55390 and 54690.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 56883 and 56974).
Supports and resistances:
61300 **
60590 *
59880 **
59170
57517 last
57040
56580 **
55390 *
54690 **
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