Bitcoin Intraday: the downside prevails as long as 62730 is resistance
Jul 2, 2024 8:29 PM
the downside prevails as long as 62730 is resistance.
Our pivot point stands at 62730.
Our preference: the downside prevails as long as 62730 is resistance.
Alternative scenario: above 62730, look for 63610 and 64130.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 62265 and 62653).
Supports and resistances:
64130 **
63610 *
62730 **
62380
61853 last
60740
60220 **
59700 *
59170 **
Our preference: the downside prevails as long as 62730 is resistance.
Alternative scenario: above 62730, look for 63610 and 64130.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 62265 and 62653).
Supports and resistances:
64130 **
63610 *
62730 **
62380
61853 last
60740
60220 **
59700 *
59170 **
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