Bitcoin Intraday: the downside prevails as long as 66620 is resistance
Sep 29, 2024 6:46 AM
the downside prevails as long as 66620 is resistance.
Our pivot point stands at 66620.
Our preference:
the downside prevails as long as 66620 is resistance.
Alternative scenario:
the upside breakout of 66620, would call for 67920 and 68690.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 65737 and 65713).
Supports and resistances:
68690 **
67920 *
66620 **
66110
65544 last
64000
63230 **
62460 *
61690 **
Our preference:
the downside prevails as long as 66620 is resistance.
Alternative scenario:
the upside breakout of 66620, would call for 67920 and 68690.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 65737 and 65713).
Supports and resistances:
68690 **
67920 *
66620 **
66110
65544 last
64000
63230 **
62460 *
61690 **
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