Bitcoin Intraday: the RSI is overbought
Sep 19, 2024 12:05 AM
the upside prevails as long as 60820 is support.
Our pivot point is at 60820.
Our preference:
the upside prevails as long as 60820 is support.
Alternative scenario:
below 60820, expect 59600 and 58880.
Comment:
the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). 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 60328 and 60214). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 61725).
Supports and resistances:
65770 **
65040 *
64310 **
63580
62004 last
61300
60820 **
59600 *
58880 **
Our preference:
the upside prevails as long as 60820 is support.
Alternative scenario:
below 60820, expect 59600 and 58880.
Comment:
the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). 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 60328 and 60214). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 61725).
Supports and resistances:
65770 **
65040 *
64310 **
63580
62004 last
61300
60820 **
59600 *
58880 **
免責事項：当コンテンツ（分析・戦略等）は第三者機関Trading Centralが提供するもので、分析官の独立した見解に基づきます。投資家の財務状況や投資目的は考慮されておりません。全ての戦略的見解は投資助言ではなく、参考情報としてのみ提供されます。当社はその正確性を保証せず、戦略実施による結果について一切の責任を負いません。
