Bitcoin Intraday: the downside prevails as long as 64050 is resistance
Jun 24, 2024 3:02 AM
the downside prevails as long as 64050 is resistance.
64050 is our pivot point.
Our preference: the downside prevails as long as 64050 is resistance.
Alternative scenario: the upside breakout of 64050, would call for 65040 and 65620.
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 63660 and 64052).
Supports and resistances:
65620 **
65040 *
64050 **
63660
63260 last
62080
61500 **
60910 *
60320 **
Our preference: the downside prevails as long as 64050 is resistance.
Alternative scenario: the upside breakout of 64050, would call for 65040 and 65620.
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 63660 and 64052).
Supports and resistances:
65620 **
65040 *
64050 **
63660
63260 last
62080
61500 **
60910 *
60320 **
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