Bitcoin Intraday: as long as 66200 is support look for 68960
Oct 16, 2024 6:50 AM
as long as 66200 is support look for 68960.
Our pivot point is at 66200.
Our preference:
as long as 66200 is support look for 68960.
Alternative scenario:
below 66200, expect 65180 and 64570.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 66995 and 66468).
Supports and resistances:
70180 **
69570 *
68960 **
68350
67115 last
66600
66200 **
65180 *
64570 **
Our preference:
as long as 66200 is support look for 68960.
Alternative scenario:
below 66200, expect 65180 and 64570.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 66995 and 66468).
Supports and resistances:
70180 **
69570 *
68960 **
68350
67115 last
66600
66200 **
65180 *
64570 **
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