Bitcoin Intraday: as long as 64710 is support look for 68160
Sep 27, 2024 7:50 PM
as long as 64710 is support look for 68160.
Our pivot point is at 64710.
Our preference:
as long as 64710 is support look for 68160.
Alternative scenario:
the downside breakout of 64710 would call for 63410 and 62640.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (65832) but above its 50 period moving average (65466).
Supports and resistances:
69710 **
68940 *
68160 **
67390
65755 last
65220
64710 **
63410 *
62640 **
Our preference:
as long as 64710 is support look for 68160.
Alternative scenario:
the downside breakout of 64710 would call for 63410 and 62640.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (65832) but above its 50 period moving average (65466).
Supports and resistances:
69710 **
68940 *
68160 **
67390
65755 last
65220
64710 **
63410 *
62640 **
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