Bitcoin Intraday: the downside prevails as long as 65690 is resistance
Jun 21, 2024 1:26 AM
the downside prevails as long as 65690 is resistance.
65690 is our pivot point.
Our preference: the downside prevails as long as 65690 is resistance.
Alternative scenario: the upside breakout of 65690, would call for 66700 and 67300.
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 64939 and 65259).
Supports and resistances:
67300 **
66700 *
65690 **
65290
64882 last
63630
63030 **
62430 *
61830 **
Our preference: the downside prevails as long as 65690 is resistance.
Alternative scenario: the upside breakout of 65690, would call for 66700 and 67300.
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 64939 and 65259).
Supports and resistances:
67300 **
66700 *
65690 **
65290
64882 last
63630
63030 **
62430 *
61830 **
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
69289.69
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