Bitcoin Intraday: the downside prevails as long as 65840 is resistance
Jun 20, 2024 8:59 PM
the downside prevails as long as 65840 is resistance.
Our pivot point is at 65840.
Our preference: the downside prevails as long as 65840 is resistance.
Alternative scenario: above 65840, look for 66850 and 67460.
Comment: the RSI is below 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 65295 and 65246).
Supports and resistances:
67460 **
66850 *
65840 **
65440
64985 last
63720
63120 **
62520 *
61920 **
Our preference: the downside prevails as long as 65840 is resistance.
Alternative scenario: above 65840, look for 66850 and 67460.
Comment: the RSI is below 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 65295 and 65246).
Supports and resistances:
67460 **
66850 *
65840 **
65440
64985 last
63720
63120 **
62520 *
61920 **
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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