Bitcoin Intraday: as long as 55830 is support look for 58000
Jul 6, 2024 7:23 AM
as long as 55830 is support look for 58000.
Our pivot point stands at 55830.
Our preference: as long as 55830 is support look for 58000.
Alternative scenario: below 55830, expect 55030 and 54550.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 56449 and 55915).
Supports and resistances:
58950 **
58470 *
58000 **
57520
56462 last
56150
55830 **
55030 *
54550 **
Our preference: as long as 55830 is support look for 58000.
Alternative scenario: below 55830, expect 55030 and 54550.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 56449 and 55915).
Supports and resistances:
58950 **
58470 *
58000 **
57520
56462 last
56150
55830 **
55030 *
54550 **
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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