Bitcoin Intraday: rebound towards 65660
Oct 1, 2024 12:04 AM
rebound towards 65660.
Our pivot point stands at 62320.
Our preference:
rebound towards 65660.
Alternative scenario:
the downside breakout of 62320 would call for 61070 and 60320.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 63541 and 64028).
Supports and resistances:
67150 **
66410 *
65660 **
64910
63300 last
62810
62320 **
61070 *
60320 **
Our preference:
rebound towards 65660.
Alternative scenario:
the downside breakout of 62320 would call for 61070 and 60320.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 63541 and 64028).
Supports and resistances:
67150 **
66410 *
65660 **
64910
63300 last
62810
62320 **
61070 *
60320 **
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