Bitcoin Intraday: the downside prevails as long as 62060 is resistance
Jun 28, 2024 9:14 AM
the downside prevails as long as 62060 is resistance.
Our pivot point is at 62060.
Our preference: the downside prevails as long as 62060 is resistance.
Alternative scenario: the upside breakout of 62060, would call for 63020 and 63590.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 61586 and 61503).
Supports and resistances:
63590 **
63020 *
62060 **
61680
61300 last
60150
59580 **
59010 *
58430 **
Our preference: the downside prevails as long as 62060 is resistance.
Alternative scenario: the upside breakout of 62060, would call for 63020 and 63590.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 61586 and 61503).
Supports and resistances:
63590 **
63020 *
62060 **
61680
61300 last
60150
59580 **
59010 *
58430 **
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