Bitcoin Intraday: rebound towards 68750
Jun 14, 2024 2:47 AM
rebound towards 68750.
65860 is our pivot point.
Our preference: rebound towards 68750.
Alternative scenario: the downside breakout of 65860 would call for 64740 and 64070.
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 66778 and 67229).
Supports and resistances:
70080 **
69410 *
68750 **
68080
66740 last
66300
65860 **
64740 *
64070 **
Our preference: rebound towards 68750.
Alternative scenario: the downside breakout of 65860 would call for 64740 and 64070.
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 66778 and 67229).
Supports and resistances:
70080 **
69410 *
68750 **
68080
66740 last
66300
65860 **
64740 *
64070 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
Related Instruments
Bitcoin
69601.18
-368.95000000001164
-52.70%
