Bitcoin Intraday: as long as 68050 is support look for 70740
Oct 21, 2024 4:05 AM
as long as 68050 is support look for 70740.
Our pivot point stands at 68050.
Our preference:
as long as 68050 is support look for 70740.
Alternative scenario:
below 68050, expect 67000 and 66370.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (68907) but above its 50 period moving average (68605).
Supports and resistances:
71990 **
71360 *
70740 **
70120
68868 last
68460
68050 **
67000 *
66370 **
Our preference:
as long as 68050 is support look for 70740.
Alternative scenario:
below 68050, expect 67000 and 66370.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (68907) but above its 50 period moving average (68605).
Supports and resistances:
71990 **
71360 *
70740 **
70120
68868 last
68460
68050 **
67000 *
66370 **
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