Bitcoin Intraday: the downside prevails as long as 60860 is resistance
Sep 14, 2024 7:50 PM
the downside prevails as long as 60860 is resistance.
60860 is our pivot point.
Our preference:
the downside prevails as long as 60860 is resistance.
Alternative scenario:
above 60860, look for 62090 and 62830.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 59863 and 60082).
Supports and resistances:
62830 **
62090 *
60860 **
60370
59849 last
58350
57610 **
56880 *
56150 **
Our preference:
the downside prevails as long as 60860 is resistance.
Alternative scenario:
above 60860, look for 62090 and 62830.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 59863 and 60082).
Supports and resistances:
62830 **
62090 *
60860 **
60370
59849 last
58350
57610 **
56880 *
56150 **
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