Bitcoin Intraday: the upside prevails as long as 60920 is support
Sep 19, 2024 2:05 AM
the upside prevails as long as 60920 is support.
Our pivot point stands at 60920.
Our preference:
the upside prevails as long as 60920 is support.
Alternative scenario:
below 60920, expect 59700 and 58970.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 60826 and 60359).
Supports and resistances:
65650 **
64920 *
64190 **
63460
61880 last
61400
60920 **
59700 *
58970 **
Our preference:
the upside prevails as long as 60920 is support.
Alternative scenario:
below 60920, expect 59700 and 58970.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 60826 and 60359).
Supports and resistances:
65650 **
64920 *
64190 **
63460
61880 last
61400
60920 **
59700 *
58970 **
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