Bitcoin Intraday: rebound towards 69610
Nov 5, 2024 3:05 AM
rebound towards 69610.
Our pivot point is at 67090.
Our preference:
rebound towards 69610.
Alternative scenario:
below 67090, expect 66140 and 65570.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (67731) but below its 50 period moving average (68329).
Supports and resistances:
70750 **
70180 *
69610 **
69040
67899 last
67470
67090 **
66140 *
65570 **
Our preference:
rebound towards 69610.
Alternative scenario:
below 67090, expect 66140 and 65570.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (67731) but below its 50 period moving average (68329).
Supports and resistances:
70750 **
70180 *
69610 **
69040
67899 last
67470
67090 **
66140 *
65570 **
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