Bitcoin Intraday: as long as 66300 is support look for 69030
Oct 16, 2024 8:47 AM
as long as 66300 is support look for 69030.
Our pivot point stands at 66300.
Our preference:
as long as 66300 is support look for 69030.
Alternative scenario:
the downside breakout of 66300 would call for 65280 and 64670.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 67082 and 66585).
Supports and resistances:
70250 **
69640 *
69030 **
68420
67207 last
66700
66300 **
65280 *
64670 **
Our preference:
as long as 66300 is support look for 69030.
Alternative scenario:
the downside breakout of 66300 would call for 65280 and 64670.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 67082 and 66585).
Supports and resistances:
70250 **
69640 *
69030 **
68420
67207 last
66700
66300 **
65280 *
64670 **
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