Bitcoin Intraday: the upside prevails as long as 60790 is support
May 15, 2024 4:59 AM
the upside prevails as long as 60790 is support.

60790 is our pivot point.
Our preference: the upside prevails as long as 60790 is support.
Alternative scenario: the downside breakout of 60790 would call for 59450 and 58660.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 61662 and 61753).
Supports and resistances:
65790 **
65000 *
64210 **
63420
61832 last
61310
60790 **
59450 *
58660 **
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