Bitcoin Intraday: rebound towards 65550
Jul 19, 2024 3:14 AM
rebound towards 65550.
63050 is our pivot point.
Our preference: rebound towards 65550.
Alternative scenario: below 63050, expect 62110 and 61550.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (63747) but below its 50 period moving average (64258).
Supports and resistances:
66670 **
66110 *
65550 **
64990
63873 last
63420
63050 **
62110 *
61550 **
Our preference: rebound towards 65550.
Alternative scenario: below 63050, expect 62110 and 61550.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (63747) but below its 50 period moving average (64258).
Supports and resistances:
66670 **
66110 *
65550 **
64990
63873 last
63420
63050 **
62110 *
61550 **
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