Bitcoin Intraday: rebound towards 60200
Sep 17, 2024 4:05 AM
rebound towards 60200.
57110 is our pivot point.
Our preference:
rebound towards 60200.
Alternative scenario:
below 57110, expect 55910 and 55200.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (57949) but below its 50 period moving average (58233).
Supports and resistances:
61630 **
60920 *
60200 **
59490
58049 last
57580
57110 **
55910 *
55200 **
Our preference:
rebound towards 60200.
Alternative scenario:
below 57110, expect 55910 and 55200.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (57949) but below its 50 period moving average (58233).
Supports and resistances:
61630 **
60920 *
60200 **
59490
58049 last
57580
57110 **
55910 *
55200 **
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