Bitcoin Intraday: rebound towards 58660
Jul 12, 2024 8:29 AM
rebound towards 58660.
56440 is our pivot point.
Our preference: rebound towards 58660.
Alternative scenario: below 56440, expect 55580 and 55060.
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 57145 and 57659).
Supports and resistances:
59690 **
59170 *
58660 **
58150
57120 last
56780
56440 **
55580 *
55060 **
Our preference: rebound towards 58660.
Alternative scenario: below 56440, expect 55580 and 55060.
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 57145 and 57659).
Supports and resistances:
59690 **
59170 *
58660 **
58150
57120 last
56780
56440 **
55580 *
55060 **
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.
Related Instruments
Bitcoin
69234.39
-735.7400000000052
-105.20%
