Bitcoin Intraday: as long as 69900 is support look for 73510
May 21, 2024 5:21 AM
as long as 69900 is support look for 73510.
Our pivot point is at 69900.
Our preference: as long as 69900 is support look for 73510.
Alternative scenario: below 69900, expect 68530 and 67710.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 70539 and 68565).
Supports and resistances:
75150 **
74330 *
73510 **
72690
71038 last
70440
69900 **
68530 *
67710 **
Our preference: as long as 69900 is support look for 73510.
Alternative scenario: below 69900, expect 68530 and 67710.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 70539 and 68565).
Supports and resistances:
75150 **
74330 *
73510 **
72690
71038 last
70440
69900 **
68530 *
67710 **
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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