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Bitcoin Intraday: the downside prevails

Jul 29, 2024 11:33 PM
short positions below 68700 with targets at 65900 & 64800 in extension.
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Pivot: 68700
Our preference: short positions below 68700 with targets at 65900 & 64800 in extension.
Alternative scenario: above 68700 look for further upside with 70000 & 71000 as targets.
Comment: the RSI calls for a new downleg.
Supports and resistances:
71000
70000
68700
67004 Last
65900
64800
63400
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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