Bitcoin Intraday: the upside prevails as long as 61760 is support
Oct 6, 2024 7:50 PM
the upside prevails as long as 61760 is support.
Our pivot point stands at 61760.
Our preference:
the upside prevails as long as 61760 is support.
Alternative scenario:
below 61760, expect 60550 and 59820.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 62441 and 62143).
Supports and resistances:
66550 **
65820 *
65100 **
64370
62717 last
62240
61760 **
60550 *
59820 **
Our preference:
the upside prevails as long as 61760 is support.
Alternative scenario:
below 61760, expect 60550 and 59820.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 62441 and 62143).
Supports and resistances:
66550 **
65820 *
65100 **
64370
62717 last
62240
61760 **
60550 *
59820 **
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