Bitcoin Intraday: the downside prevails as long as 64580 is resistance
Jun 21, 2024 2:53 PM
the downside prevails as long as 64580 is resistance.
Our pivot point is at 64580.
Our preference: the downside prevails as long as 64580 is resistance.
Alternative scenario: the upside breakout of 64580, would call for 65570 and 66160.
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 64116 and 64599).
Supports and resistances:
66160 **
65570 *
64580 **
64190
63699 last
62240
61660 **
61070 *
60480 **
Our preference: the downside prevails as long as 64580 is resistance.
Alternative scenario: the upside breakout of 64580, would call for 65570 and 66160.
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 64116 and 64599).
Supports and resistances:
66160 **
65570 *
64580 **
64190
63699 last
62240
61660 **
61070 *
60480 **
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