Bitcoin Intraday: the upside prevails as long as 57310 is support
Sep 12, 2024 4:05 AM
the upside prevails as long as 57310 is support.
Our pivot point stands at 57310.
Our preference:
the upside prevails as long as 57310 is support.
Alternative scenario:
below 57310, expect 56110 and 55400.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 57691 and 57071).
Supports and resistances:
61840 **
61120 *
60410 **
59690
58266 last
57780
57310 **
56110 *
55400 **
Our preference:
the upside prevails as long as 57310 is support.
Alternative scenario:
below 57310, expect 56110 and 55400.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 57691 and 57071).
Supports and resistances:
61840 **
61120 *
60410 **
59690
58266 last
57780
57310 **
56110 *
55400 **
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