Bitcoin Intraday: as long as 61150 is support look for 64350
Oct 5, 2024 6:47 AM
as long as 61150 is support look for 64350.
Our pivot point is at 61150.
Our preference:
as long as 61150 is support look for 64350.
Alternative scenario:
the downside breakout of 61150 would call for 59950 and 59230.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62081 and 61843).
Supports and resistances:
65790 **
65070 *
64350 **
63630
62187 last
61620
61150 **
59950 *
59230 **
Our preference:
as long as 61150 is support look for 64350.
Alternative scenario:
the downside breakout of 61150 would call for 59950 and 59230.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62081 and 61843).
Supports and resistances:
65790 **
65070 *
64350 **
63630
62187 last
61620
61150 **
59950 *
59230 **
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