Bitcoin Intraday: the downside prevails as long as 63350 is resistance
Jul 2, 2024 9:45 AM
the downside prevails as long as 63350 is resistance.
Our pivot point stands at 63350.
Our preference: the downside prevails as long as 63350 is resistance.
Alternative scenario: above 63350, look for 64240 and 64770.
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 62861 and 62935).
Supports and resistances:
64770 **
64240 *
63350 **
63000
62617 last
61510
60980 **
60450 *
59920 **
Our preference: the downside prevails as long as 63350 is resistance.
Alternative scenario: above 63350, look for 64240 and 64770.
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 62861 and 62935).
Supports and resistances:
64770 **
64240 *
63350 **
63000
62617 last
61510
60980 **
60450 *
59920 **
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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