Bitcoin Intraday: rebound towards 62390
Oct 10, 2024 2:05 AM
rebound towards 62390.
Our pivot point stands at 60010.
Our preference:
rebound towards 62390.
Alternative scenario:
the downside breakout of 60010 would call for 59100 and 58550.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 60890 and 61658).
Supports and resistances:
63480 **
62930 *
62390 **
61840
60752 last
60370
60010 **
59100 *
58550 **
Our preference:
rebound towards 62390.
Alternative scenario:
the downside breakout of 60010 would call for 59100 and 58550.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 60890 and 61658).
Supports and resistances:
63480 **
62930 *
62390 **
61840
60752 last
60370
60010 **
59100 *
58550 **
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