Bitcoin Intraday: the downside prevails as long as 67730 is resistance
Oct 17, 2024 7:50 PM
the downside prevails as long as 67730 is resistance.
Our pivot point is at 67730.
Our preference:
the downside prevails as long as 67730 is resistance.
Alternative scenario:
above 67730, look for 68750 and 69350.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 67084 and 67336).
Supports and resistances:
69350 **
68750 *
67730 **
67330
66907 last
65650
65050 **
64440 *
63840 **
Our preference:
the downside prevails as long as 67730 is resistance.
Alternative scenario:
above 67730, look for 68750 and 69350.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 67084 and 67336).
Supports and resistances:
69350 **
68750 *
67730 **
67330
66907 last
65650
65050 **
64440 *
63840 **
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