Bitcoin Intraday: the upside prevails as long as 62060 is support
Oct 14, 2024 12:05 AM
the upside prevails as long as 62060 is support.
Our pivot point stands at 62060.
Our preference:
the upside prevails as long as 62060 is support.
Alternative scenario:
below 62060, expect 61120 and 60550.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62581 and 62718).
Supports and resistances:
65660 **
65100 *
64530 **
63970
62816 last
62430
62060 **
61120 *
60550 **
Our preference:
the upside prevails as long as 62060 is support.
Alternative scenario:
below 62060, expect 61120 and 60550.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62581 and 62718).
Supports and resistances:
65660 **
65100 *
64530 **
63970
62816 last
62430
62060 **
61120 *
60550 **
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