Bitcoin Intraday: above its upper Bollinger band
Jun 3, 2024 2:53 AM
the upside prevails as long as 67390 is support.
Our pivot point stands at 67390.
Our preference: the upside prevails as long as 67390 is support.
Alternative scenario: below 67390, expect 66100 and 65340.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 67857 and 67825). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (68371).
Supports and resistances:
72370 **
71600 *
70840 **
70070
68538 last
67890
67390 **
66100 *
65340 **
Our preference: the upside prevails as long as 67390 is support.
Alternative scenario: below 67390, expect 66100 and 65340.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 67857 and 67825). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (68371).
Supports and resistances:
72370 **
71600 *
70840 **
70070
68538 last
67890
67390 **
66100 *
65340 **
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