Bitcoin Intraday: as long as 65830 is support look for 68430
Jul 20, 2024 7:32 AM
as long as 65830 is support look for 68430.
Our pivot point is at 65830.
Our preference: as long as 65830 is support look for 68430.
Alternative scenario: the downside breakout of 65830 would call for 64850 and 64270.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (66683) but above its 50 period moving average (65781).
Supports and resistances:
69600 **
69020 *
68430 **
67850
66647 last
66210
65830 **
64850 *
64270 **
Our preference: as long as 65830 is support look for 68430.
Alternative scenario: the downside breakout of 65830 would call for 64850 and 64270.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (66683) but above its 50 period moving average (65781).
Supports and resistances:
69600 **
69020 *
68430 **
67850
66647 last
66210
65830 **
64850 *
64270 **
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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