Bitcoin Intraday: as long as 73030 is support look for 75740
Nov 6, 2024 9:45 AM
as long as 73030 is support look for 75740.
73030 is our pivot point.
Our preference:
as long as 73030 is support look for 75740.
Alternative scenario:
the downside breakout of 73030 would call for 72090 and 71530.
Comment:
the RSI is above 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 73325 and 70950).
Supports and resistances:
76860 **
76300 *
75740 **
75170
74047 last
73400
73030 **
72090 *
71530 **
Our preference:
as long as 73030 is support look for 75740.
Alternative scenario:
the downside breakout of 73030 would call for 72090 and 71530.
Comment:
the RSI is above 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 73325 and 70950).
Supports and resistances:
76860 **
76300 *
75740 **
75170
74047 last
73400
73030 **
72090 *
71530 **
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