Bitcoin Intraday: under pressure below 69470
Jul 27, 2024 9:14 PM
under pressure below 69470.
69470 is our pivot point.
Our preference: under pressure below 69470.
Alternative scenario: above 69470, look for 70480 and 71080.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 68607 and 68202).
Supports and resistances:
71080 **
70480 *
69470 **
69070
68104 last
66550
65950 **
65360 *
64770 **
Our preference: under pressure below 69470.
Alternative scenario: above 69470, look for 70480 and 71080.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 68607 and 68202).
Supports and resistances:
71080 **
70480 *
69470 **
69070
68104 last
66550
65950 **
65360 *
64770 **
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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Bitcoin
68817.01
-1153.12000000001
-164.80%
