Bitcoin Intraday: as long as 67540 is support look for 70850
May 31, 2024 5:23 AM
as long as 67540 is support look for 70850.
Our pivot point stands at 67540.
Our preference: as long as 67540 is support look for 70850.
Alternative scenario: below 67540, expect 66250 and 65480.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 68474 and 68303).
Supports and resistances:
72380 **
71610 *
70850 **
70080
68548 last
68040
67540 **
66250 *
65480 **
Our preference: as long as 67540 is support look for 70850.
Alternative scenario: below 67540, expect 66250 and 65480.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 68474 and 68303).
Supports and resistances:
72380 **
71610 *
70850 **
70080
68548 last
68040
67540 **
66250 *
65480 **
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