Bitcoin Intraday: the upside prevails as long as 59290 is support
Sep 18, 2024 7:50 PM
the upside prevails as long as 59290 is support.

59290 is our pivot point.
Our preference:
the upside prevails as long as 59290 is support.
Alternative scenario:
below 59290, expect 58100 and 57390.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 59912 and 60123).
Supports and resistances:
64080 **
63370 *
62650 **
61940
60362 last
59750
59290 **
58100 *
57390 **
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