Bitcoin Intraday: the downside prevails as long as 66660 is resistance
Jul 30, 2024 8:49 PM
the downside prevails as long as 66660 is resistance.
Our pivot point stands at 66660.
Our preference: the downside prevails as long as 66660 is resistance.
Alternative scenario: above 66660, look for 67630 and 68210.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 66163 and 66535).
Supports and resistances:
68210 **
67630 *
66660 **
66280
65890 last
64700
64130 **
63550 *
62970 **
Our preference: the downside prevails as long as 66660 is resistance.
Alternative scenario: above 66660, look for 67630 and 68210.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 66163 and 66535).
Supports and resistances:
68210 **
67630 *
66660 **
66280
65890 last
64700
64130 **
63550 *
62970 **
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