Bitcoin Intraday: the downside prevails as long as 65680 is resistance
Jun 19, 2024 8:51 PM
the downside prevails as long as 65680 is resistance.
65680 is our pivot point.
Our preference: the downside prevails as long as 65680 is resistance.
Alternative scenario: above 65680, look for 66690 and 67290.
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 is trading under both its 20 and 50 period moving average (respectively at 65046 and 65120).
Supports and resistances:
67290 **
66690 *
65680 **
65280
64815 last
63610
63010 **
62410 *
61810 **
Our preference: the downside prevails as long as 65680 is resistance.
Alternative scenario: above 65680, look for 66690 and 67290.
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 is trading under both its 20 and 50 period moving average (respectively at 65046 and 65120).
Supports and resistances:
67290 **
66690 *
65680 **
65280
64815 last
63610
63010 **
62410 *
61810 **
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