Bitcoin Intraday: as long as 68680 is support look for 71830
Jun 10, 2024 3:11 AM
as long as 68680 is support look for 71830.
68680 is our pivot point.
Our preference: as long as 68680 is support look for 71830.
Alternative scenario: the downside breakout of 68680 would call for 67450 and 66720.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (69655) but above its 50 period moving average (69474).
Supports and resistances:
73290 **
72560 *
71830 **
71100
69639 last
69160
68680 **
67450 *
66720 **
Our preference: as long as 68680 is support look for 71830.
Alternative scenario: the downside breakout of 68680 would call for 67450 and 66720.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (69655) but above its 50 period moving average (69474).
Supports and resistances:
73290 **
72560 *
71830 **
71100
69639 last
69160
68680 **
67450 *
66720 **
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