Bitcoin Intraday: rebound towards 60070
Sep 17, 2024 2:05 AM
rebound towards 60070.
Our pivot point stands at 56950.
Our preference:
rebound towards 60070.
Alternative scenario:
below 56950, expect 55760 and 55050.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (57910) but under its 50 period moving average (58262).
Supports and resistances:
61490 **
60780 *
60070 **
59360
57936 last
57420
56950 **
55760 *
55050 **
Our preference:
rebound towards 60070.
Alternative scenario:
below 56950, expect 55760 and 55050.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (57910) but under its 50 period moving average (58262).
Supports and resistances:
61490 **
60780 *
60070 **
59360
57936 last
57420
56950 **
55760 *
55050 **
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