Bitcoin Intraday: as long as 71510 is support look for 74150
Oct 31, 2024 9:44 AM
as long as 71510 is support look for 74150.
71510 is our pivot point.
Our preference:
as long as 71510 is support look for 74150.
Alternative scenario:
below 71510, expect 70490 and 69880.
Comment:
the RSI is above its neutrality area at 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 72286 and 72207).
Supports and resistances:
75370 **
74760 *
74150 **
73550
72313 last
71910
71510 **
70490 *
69880 **
Our preference:
as long as 71510 is support look for 74150.
Alternative scenario:
below 71510, expect 70490 and 69880.
Comment:
the RSI is above its neutrality area at 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 72286 and 72207).
Supports and resistances:
75370 **
74760 *
74150 **
73550
72313 last
71910
71510 **
70490 *
69880 **
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