Bitcoin Intraday: as long as 70130 is support look for 73390
Jun 6, 2024 12:47 AM
as long as 70130 is support look for 73390.
Our pivot point stands at 70130.
Our preference: as long as 70130 is support look for 73390.
Alternative scenario: below 70130, expect 68880 and 68140.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (71237) but above its 50 period moving average (71049).
Supports and resistances:
74880 **
74130 *
73390 **
72640
71125 last
70620
70130 **
68880 *
68140 **
Our preference: as long as 70130 is support look for 73390.
Alternative scenario: below 70130, expect 68880 and 68140.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (71237) but above its 50 period moving average (71049).
Supports and resistances:
74880 **
74130 *
73390 **
72640
71125 last
70620
70130 **
68880 *
68140 **
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