Bitcoin Intraday: as long as 58950 is support look for 62210
Sep 14, 2024 6:47 AM
as long as 58950 is support look for 62210.
Our pivot point is at 58950.
Our preference:
as long as 58950 is support look for 62210.
Alternative scenario:
below 58950, expect 57710 and 56980.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (60347) but above its 50 period moving average (59345).
Supports and resistances:
63680 **
62940 *
62210 **
61470
59999 last
59430
58950 **
57710 *
56980 **
Our preference:
as long as 58950 is support look for 62210.
Alternative scenario:
below 58950, expect 57710 and 56980.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (60347) but above its 50 period moving average (59345).
Supports and resistances:
63680 **
62940 *
62210 **
61470
59999 last
59430
58950 **
57710 *
56980 **
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