Bitcoin Intraday: as long as 62440 is support look for 65660
Sep 20, 2024 1:02 PM
as long as 62440 is support look for 65660.
Our pivot point stands at 62440.
Our preference:
as long as 62440 is support look for 65660.
Alternative scenario:
the downside breakout of 62440 would call for 61190 and 60440.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (63562) but above its 50 period moving average (63307).
Supports and resistances:
67150 **
66400 *
65660 **
64910
63423 last
62930
62440 **
61190 *
60440 **
Our preference:
as long as 62440 is support look for 65660.
Alternative scenario:
the downside breakout of 62440 would call for 61190 and 60440.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (63562) but above its 50 period moving average (63307).
Supports and resistances:
67150 **
66400 *
65660 **
64910
63423 last
62930
62440 **
61190 *
60440 **
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