Bitcoin Intraday: the downside prevails as long as 66530 is resistance
Jun 18, 2024 5:11 AM
the downside prevails as long as 66530 is resistance.
Our pivot point stands at 66530.
Our preference: the downside prevails as long as 66530 is resistance.
Alternative scenario: above 66530, look for 67550 and 68160.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 66067 and 66005).
Supports and resistances:
68160 **
67550 *
66530 **
66130
65658 last
64400
63790 **
63180 *
62570 **
Our preference: the downside prevails as long as 66530 is resistance.
Alternative scenario: above 66530, look for 67550 and 68160.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 66067 and 66005).
Supports and resistances:
68160 **
67550 *
66530 **
66130
65658 last
64400
63790 **
63180 *
62570 **
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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