Bitcoin Intraday: target 59770
Jun 28, 2024 4:56 AM
target 59770.
Our pivot point stands at 62260.
Our preference: target 59770.
Alternative scenario: above 62260, look for 63230 and 63800.
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 (61588) but above its 50 period moving average (61406).
Supports and resistances:
63800 **
63230 *
62260 **
61880
61500 last
60350
59770 **
59200 *
58620 **
Our preference: target 59770.
Alternative scenario: above 62260, look for 63230 and 63800.
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 (61588) but above its 50 period moving average (61406).
Supports and resistances:
63800 **
63230 *
62260 **
61880
61500 last
60350
59770 **
59200 *
58620 **
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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