Bitcoin Intraday: the upside prevails as long as 67120 is support
May 30, 2024 4:32 PM
the upside prevails as long as 67120 is support.

67120 is our pivot point.
Our preference: the upside prevails as long as 67120 is support.
Alternative scenario: the downside breakout of 67120 would call for 65840 and 65080.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 67934 and 67747).
Supports and resistances:
72150 **
71390 *
70620 **
69860
68213 last
67620
67120 **
65840 *
65080 **
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