Bitcoin Intraday: the downside prevails as long as 66490 is resistance
Jun 14, 2024 8:40 PM
the downside prevails as long as 66490 is resistance.
Our pivot point is at 66490.
Our preference: the downside prevails as long as 66490 is resistance.
Alternative scenario: above 66490, look for 67600 and 68250.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 66307 and 66617).
Supports and resistances:
68250 **
67600 *
66490 **
66060
65424 last
64100
63450 **
62790 *
62140 **
Our preference: the downside prevails as long as 66490 is resistance.
Alternative scenario: above 66490, look for 67600 and 68250.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 66307 and 66617).
Supports and resistances:
68250 **
67600 *
66490 **
66060
65424 last
64100
63450 **
62790 *
62140 **
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.
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