Bitcoin Intraday: as long as 59570 is support look for 62640
Sep 18, 2024 4:05 AM
as long as 59570 is support look for 62640.
59570 is our pivot point.
Our preference:
as long as 59570 is support look for 62640.
Alternative scenario:
the downside breakout of 59570 would call for 58380 and 57660.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 60290 and 59751).
Supports and resistances:
64060 **
63350 *
62640 **
61930
60507 last
60040
59570 **
58380 *
57660 **
Our preference:
as long as 59570 is support look for 62640.
Alternative scenario:
the downside breakout of 59570 would call for 58380 and 57660.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 60290 and 59751).
Supports and resistances:
64060 **
63350 *
62640 **
61930
60507 last
60040
59570 **
58380 *
57660 **
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