Bitcoin Intraday: the upside prevails as long as 62660 is support
Sep 26, 2024 6:47 AM
the upside prevails as long as 62660 is support.
Our pivot point stands at 62660.
Our preference:
the upside prevails as long as 62660 is support.
Alternative scenario:
the downside breakout of 62660 would call for 61400 and 60650.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 63320 and 63491).
Supports and resistances:
67470 **
66720 *
65970 **
65220
63721 last
63150
62660 **
61400 *
60650 **
Our preference:
the upside prevails as long as 62660 is support.
Alternative scenario:
the downside breakout of 62660 would call for 61400 and 60650.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 63320 and 63491).
Supports and resistances:
67470 **
66720 *
65970 **
65220
63721 last
63150
62660 **
61400 *
60650 **
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