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Bitcoin Intraday: the upside prevails as long as 63480 is support

Jul 19, 2024 7:53 AM
the upside prevails as long as 63480 is support.
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Our pivot point is at 63480.
Our preference: the upside prevails as long as 63480 is support.
Alternative scenario: below 63480, expect 62540 and 61970.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 63974 and 64159).
Supports and resistances:
67190 **
66620 *
66060 **
65500
64226 last
63850
63480 **
62540 *
61970 **
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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