Bitcoin Intraday: the downside prevails as long as 60350 is resistance
Oct 10, 2024 7:49 PM
the downside prevails as long as 60350 is resistance.

60350 is our pivot point.
Our preference:
the downside prevails as long as 60350 is resistance.
Alternative scenario:
above 60350, look for 61250 and 61780.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 60443 and 60642).
Supports and resistances:
61780 **
61250 *
60350 **
59990
59637 last
58370
57840 **
57310 *
56770 **
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