Bitcoin Intraday: rebound towards 62450
Oct 10, 2024 4:05 AM
rebound towards 62450.
Our pivot point is at 60090.
Our preference:
rebound towards 62450.
Alternative scenario:
the downside breakout of 60090 would call for 59170 and 58630.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (60732) but under its 50 period moving average (61541).
Supports and resistances:
63540 **
62990 *
62450 **
61900
60810 last
60450
60090 **
59170 *
58630 **
Our preference:
rebound towards 62450.
Alternative scenario:
the downside breakout of 60090 would call for 59170 and 58630.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (60732) but under its 50 period moving average (61541).
Supports and resistances:
63540 **
62990 *
62450 **
61900
60810 last
60450
60090 **
59170 *
58630 **
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