Bitcoin Intraday: the downside prevails as long as 67040 is resistance
Jun 17, 2024 9:30 AM
the downside prevails as long as 67040 is resistance.
Our pivot point is at 67040.
Our preference: the downside prevails as long as 67040 is resistance.
Alternative scenario: above 67040, look for 68150 and 68810.
Comment: the RSI is below 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 66335 and 66445).
Supports and resistances:
68810 **
68150 *
67040 **
66600
66000 last
64680
64020 **
63360 *
62700 **
Our preference: the downside prevails as long as 67040 is resistance.
Alternative scenario: above 67040, look for 68150 and 68810.
Comment: the RSI is below 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 66335 and 66445).
Supports and resistances:
68810 **
68150 *
67040 **
66600
66000 last
64680
64020 **
63360 *
62700 **
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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