Bitcoin Intraday: as long as 61820 is support look for 65000
Oct 7, 2024 12:05 AM
as long as 61820 is support look for 65000.
Our pivot point is at 61820.
Our preference:
as long as 61820 is support look for 65000.
Alternative scenario:
the downside breakout of 61820 would call for 60600 and 59870.
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 above its 20 and 50 period moving average (respectively at 62650 and 62276).
Supports and resistances:
66450 **
65720 *
65000 **
64270
62779 last
62290
61820 **
60600 *
59870 **
Our preference:
as long as 61820 is support look for 65000.
Alternative scenario:
the downside breakout of 61820 would call for 60600 and 59870.
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 above its 20 and 50 period moving average (respectively at 62650 and 62276).
Supports and resistances:
66450 **
65720 *
65000 **
64270
62779 last
62290
61820 **
60600 *
59870 **
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