Bitcoin Intraday: the upside prevails as long as 64340 is support
Jun 20, 2024 5:35 AM
the upside prevails as long as 64340 is support.
Our pivot point stands at 64340.
Our preference: the upside prevails as long as 64340 is support.
Alternative scenario: the downside breakout of 64340 would call for 63320 and 62720.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 65010 and 65111).
Supports and resistances:
68170 **
67570 *
66960 **
66360
65151 last
64740
64340 **
63320 *
62720 **
Our preference: the upside prevails as long as 64340 is support.
Alternative scenario: the downside breakout of 64340 would call for 63320 and 62720.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 65010 and 65111).
Supports and resistances:
68170 **
67570 *
66960 **
66360
65151 last
64740
64340 **
63320 *
62720 **
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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