Bitcoin Intraday: above its upper Bollinger band
Sep 12, 2024 2:05 AM
the upside prevails as long as 57190 is support.
Our pivot point is at 57190.
Our preference:
the upside prevails as long as 57190 is support.
Alternative scenario:
below 57190, expect 55990 and 55280.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 57598 and 56969). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 58126).
Supports and resistances:
62030 **
61320 *
60600 **
59880
58262 last
57660
57190 **
55990 *
55280 **
Our preference:
the upside prevails as long as 57190 is support.
Alternative scenario:
below 57190, expect 55990 and 55280.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 57598 and 56969). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 58126).
Supports and resistances:
62030 **
61320 *
60600 **
59880
58262 last
57660
57190 **
55990 *
55280 **
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