Bitcoin Intraday: as long as 61620 is resistance look for 59020
Jun 30, 2024 7:17 AM
as long as 61620 is resistance look for 59020.
Our pivot point is at 61620.
Our preference: as long as 61620 is resistance look for 59020.
Alternative scenario: above 61620, look for 62570 and 63140.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI would call for further downside. Moreover, the price stands above its 20 period moving average (60818) but below its 50 period moving average (60872).
Supports and resistances:
63140 **
62570 *
61620 **
61240
60864 last
59590
59020 **
58450 *
57880 **
Our preference: as long as 61620 is resistance look for 59020.
Alternative scenario: above 61620, look for 62570 and 63140.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI would call for further downside. Moreover, the price stands above its 20 period moving average (60818) but below its 50 period moving average (60872).
Supports and resistances:
63140 **
62570 *
61620 **
61240
60864 last
59590
59020 **
58450 *
57880 **
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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