Bitcoin Intraday: the downside prevails as long as 66390 is resistance
Jun 18, 2024 7:38 AM
the downside prevails as long as 66390 is resistance.
Our pivot point stands at 66390.
Our preference: the downside prevails as long as 66390 is resistance.
Alternative scenario: the upside breakout of 66390, would call for 67410 and 68020.
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 65864 and 65944).
Supports and resistances:
68020 **
67410 *
66390 **
65990
65457 last
64200
63600 **
62990 *
62380 **
Our preference: the downside prevails as long as 66390 is resistance.
Alternative scenario: the upside breakout of 66390, would call for 67410 and 68020.
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 65864 and 65944).
Supports and resistances:
68020 **
67410 *
66390 **
65990
65457 last
64200
63600 **
62990 *
62380 **
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%
