Bitcoin Intraday: as long as 69960 is support look for 73540
Jun 5, 2024 8:50 PM
as long as 69960 is support look for 73540.
Our pivot point is at 69960.
Our preference: as long as 69960 is support look for 73540.
Alternative scenario: the downside breakout of 69960 would call for 68710 and 67970.
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 71121 and 70937).
Supports and resistances:
75040 **
74290 *
73540 **
72790
71300 last
70450
69960 **
68710 *
67970 **
Our preference: as long as 69960 is support look for 73540.
Alternative scenario: the downside breakout of 69960 would call for 68710 and 67970.
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 71121 and 70937).
Supports and resistances:
75040 **
74290 *
73540 **
72790
71300 last
70450
69960 **
68710 *
67970 **
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