Bitcoin Intraday: rebound towards 60670
Sep 16, 2024 1:02 PM
rebound towards 60670.
Our pivot point stands at 57570.
Our preference:
rebound towards 60670.
Alternative scenario:
the downside breakout of 57570 would call for 56370 and 55650.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 58675 and 59205).
Supports and resistances:
62110 **
61390 *
60670 **
59950
58518 last
58040
57570 **
56370 *
55650 **
Our preference:
rebound towards 60670.
Alternative scenario:
the downside breakout of 57570 would call for 56370 and 55650.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 58675 and 59205).
Supports and resistances:
62110 **
61390 *
60670 **
59950
58518 last
58040
57570 **
56370 *
55650 **
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