Bitcoin Intraday: target 60030
Jun 26, 2024 5:32 AM
target 60030.
62530 is our pivot point.
Our preference: target 60030.
Alternative scenario: the upside breakout of 62530, would call for 63500 and 64080.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (61921) but above its 50 period moving average (61558).
Supports and resistances:
64080 **
63500 *
62530 **
62150
61759 last
60600
60030 **
59450 *
58870 **
Our preference: target 60030.
Alternative scenario: the upside breakout of 62530, would call for 63500 and 64080.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (61921) but above its 50 period moving average (61558).
Supports and resistances:
64080 **
63500 *
62530 **
62150
61759 last
60600
60030 **
59450 *
58870 **
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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