Bitcoin Intraday: rebound towards 67790
May 17, 2024 12:29 AM
rebound towards 67790.
64120 is our pivot point.
Our preference: rebound towards 67790.
Alternative scenario: below 64120, expect 62720 and 61880.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 65293 and 65776).
Supports and resistances:
69460 **
68620 *
67790 **
66950
65275 last
64680
64120 **
62720 *
61880 **
Our preference: rebound towards 67790.
Alternative scenario: below 64120, expect 62720 and 61880.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 65293 and 65776).
Supports and resistances:
69460 **
68620 *
67790 **
66950
65275 last
64680
64120 **
62720 *
61880 **
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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Bitcoin
90299.35
115.27000000000407
+12.80%
