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Bitcoin Intraday: rebound towards 63960
May 14, 2024 8:26 PM
rebound towards 63960.
Our pivot point stands at 60480.
Our preference: rebound towards 63960.
Alternative scenario: below 60480, expect 59160 and 58370.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 61626 and 62168).
Supports and resistances:
65540 **
64750 *
63960 **
63170
61589 last
61000
60480 **
59160 *
58370 **
Our preference: rebound towards 63960.
Alternative scenario: below 60480, expect 59160 and 58370.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 61626 and 62168).
Supports and resistances:
65540 **
64750 *
63960 **
63170
61589 last
61000
60480 **
59160 *
58370 **
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