Bitcoin Short Term: the downside prevails
Jun 24, 2024 7:43 AM
short positions below 67000 with targets at 60400 & 57000 in extension.
Pivot: 67000
Our preference: short positions below 67000 with targets at 60400 & 57000 in extension.
Alternative scenario: above 67000 look for further upside with 71000 & 73500 as targets.
Comment: the break below 67000 is a negative signal that has opened a path to 60400.
Supports and resistances:
73500
71000
67000
62201 Last
60400
57000
50700
Our preference: short positions below 67000 with targets at 60400 & 57000 in extension.
Alternative scenario: above 67000 look for further upside with 71000 & 73500 as targets.
Comment: the break below 67000 is a negative signal that has opened a path to 60400.
Supports and resistances:
73500
71000
67000
62201 Last
60400
57000
50700
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
69601.18
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-52.70%
