Bitcoin Intraday: as long as 67150 is support look for 69720
Jul 22, 2024 5:38 AM
as long as 67150 is support look for 69720.
67150 is our pivot point.
Our preference: as long as 67150 is support look for 69720.
Alternative scenario: the downside breakout of 67150 would call for 66150 and 65550.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (67995) but above its 50 period moving average (67393).
Supports and resistances:
70910 **
70320 *
69720 **
69120
67934 last
67540
67150 **
66150 *
65550 **
Our preference: as long as 67150 is support look for 69720.
Alternative scenario: the downside breakout of 67150 would call for 66150 and 65550.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (67995) but above its 50 period moving average (67393).
Supports and resistances:
70910 **
70320 *
69720 **
69120
67934 last
67540
67150 **
66150 *
65550 **
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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