Bitcoin Intraday: the upside prevails as long as 64990 is support
Oct 15, 2024 1:02 PM
the upside prevails as long as 64990 is support.
Our pivot point stands at 64990.
Our preference:
the upside prevails as long as 64990 is support.
Alternative scenario:
the downside breakout of 64990 would call for 63990 and 63390.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 65561 and 65668).
Supports and resistances:
68750 **
68160 *
67560 **
66960
65774 last
65380
64990 **
63990 *
63390 **
Our preference:
the upside prevails as long as 64990 is support.
Alternative scenario:
the downside breakout of 64990 would call for 63990 and 63390.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 65561 and 65668).
Supports and resistances:
68750 **
68160 *
67560 **
66960
65774 last
65380
64990 **
63990 *
63390 **
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