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Bitcoin Intraday: as long as 68670 is support look for 71210

Nov 5, 2024 8:50 PM
as long as 68670 is support look for 71210.
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Our pivot point stands at 68670.
Our preference:
as long as 68670 is support look for 71210.
Alternative scenario:
the downside breakout of 68670 would call for 67780 and 67260.
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 69468 and 68693).
Supports and resistances:
72270 **
71740 *
71210 **
70690
69542 last
69020
68670 **
67780 *
67260 **
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