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Bitcoin Intraday: the upside prevails as long as 67810 is support
Nov 5, 2024 7:46 AM
the upside prevails as long as 67810 is support.
Our pivot point is at 67810.
Our preference:
the upside prevails as long as 67810 is support.
Alternative scenario:
the downside breakout of 67810 would call for 66840 and 66270.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 68156 and 68235).
Supports and resistances:
71780 **
71210 *
70630 **
70050
68895 last
68190
67810 **
66840 *
66270 **
Our preference:
the upside prevails as long as 67810 is support.
Alternative scenario:
the downside breakout of 67810 would call for 66840 and 66270.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 68156 and 68235).
Supports and resistances:
71780 **
71210 *
70630 **
70050
68895 last
68190
67810 **
66840 *
66270 **
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