Bitcoin Intraday: the upside prevails as long as 62240 is support
Sep 21, 2024 7:50 PM
the upside prevails as long as 62240 is support.
Our pivot point stands at 62240.
Our preference:
the upside prevails as long as 62240 is support.
Alternative scenario:
below 62240, expect 60990 and 60250.
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 63194 and 63093).
Supports and resistances:
67000 **
66260 *
65510 **
64770
63241 last
62730
62240 **
60990 *
60250 **
Our preference:
the upside prevails as long as 62240 is support.
Alternative scenario:
below 62240, expect 60990 and 60250.
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 63194 and 63093).
Supports and resistances:
67000 **
66260 *
65510 **
64770
63241 last
62730
62240 **
60990 *
60250 **
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