Bitcoin Intraday: the upside prevails as long as 67320 is support
May 29, 2024 12:32 AM
the upside prevails as long as 67320 is support.
Our pivot point stands at 67320.
Our preference: the upside prevails as long as 67320 is support.
Alternative scenario: below 67320, expect 66030 and 65270.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 68127 and 68219).
Supports and resistances:
72170 **
71400 *
70640 **
69880
68349 last
67820
67320 **
66030 *
65270 **
Our preference: the upside prevails as long as 67320 is support.
Alternative scenario: below 67320, expect 66030 and 65270.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 68127 and 68219).
Supports and resistances:
72170 **
71400 *
70640 **
69880
68349 last
67820
67320 **
66030 *
65270 **
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