Bitcoin Intraday: the upside prevails as long as 68700 is support
Jun 10, 2024 8:20 PM
the upside prevails as long as 68700 is support.
Our pivot point stands at 68700.
Our preference: the upside prevails as long as 68700 is support.
Alternative scenario: below 68700, expect 67480 and 66750.
Comment: the RSI is above 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 69638 and 69605).
Supports and resistances:
73390 **
72660 *
71930 **
71200
69668 last
69190
68700 **
67480 *
66750 **
Our preference: the upside prevails as long as 68700 is support.
Alternative scenario: below 68700, expect 67480 and 66750.
Comment: the RSI is above 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 69638 and 69605).
Supports and resistances:
73390 **
72660 *
71930 **
71200
69668 last
69190
68700 **
67480 *
66750 **
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