Bitcoin Intraday: rebound towards 61850
Jul 3, 2024 3:06 PM
rebound towards 61850.
Our pivot point is at 59560.
Our preference: rebound towards 61850.
Alternative scenario: the downside breakout of 59560 would call for 58710 and 58200.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 60544 and 61359).
Supports and resistances:
62880 **
62370 *
61850 **
61340
60238 last
59900
59560 **
58710 *
58200 **
Our preference: rebound towards 61850.
Alternative scenario: the downside breakout of 59560 would call for 58710 and 58200.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 60544 and 61359).
Supports and resistances:
62880 **
62370 *
61850 **
61340
60238 last
59900
59560 **
58710 *
58200 **
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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Bitcoin
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