Bitcoin Intraday: as long as 65630 is support look for 68590
Jun 16, 2024 8:14 PM
as long as 65630 is support look for 68590.
Our pivot point stands at 65630.
Our preference: as long as 65630 is support look for 68590.
Alternative scenario: the downside breakout of 65630 would call for 64510 and 63840.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (66559) but above its 50 period moving average (66313).
Supports and resistances:
69930 **
69260 *
68590 **
67930
66505 last
66070
65630 **
64510 *
63840 **
Our preference: as long as 65630 is support look for 68590.
Alternative scenario: the downside breakout of 65630 would call for 64510 and 63840.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (66559) but above its 50 period moving average (66313).
Supports and resistances:
69930 **
69260 *
68590 **
67930
66505 last
66070
65630 **
64510 *
63840 **
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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