Bitcoin Intraday: as long as 66180 is support look for 68940
Oct 16, 2024 12:05 AM
as long as 66180 is support look for 68940.
Our pivot point is at 66180.
Our preference:
as long as 66180 is support look for 68940.
Alternative scenario:
below 66180, expect 65170 and 64560.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 66605 and 66096).
Supports and resistances:
70150 **
69550 *
68940 **
68330
66996 last
66580
66180 **
65170 *
64560 **
Our preference:
as long as 66180 is support look for 68940.
Alternative scenario:
below 66180, expect 65170 and 64560.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 66605 and 66096).
Supports and resistances:
70150 **
69550 *
68940 **
68330
66996 last
66580
66180 **
65170 *
64560 **
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