Bitcoin Intraday: rebound towards 66080
Aug 1, 2024 7:32 AM
rebound towards 66080.
Our pivot point stands at 63480.
Our preference: rebound towards 66080.
Alternative scenario: below 63480, expect 62530 and 61970.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (64348) but below its 50 period moving average (65422).
Supports and resistances:
67210 **
66650 *
66080 **
65520
64384 last
63850
63480 **
62530 *
61970 **
Our preference: rebound towards 66080.
Alternative scenario: below 63480, expect 62530 and 61970.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (64348) but below its 50 period moving average (65422).
Supports and resistances:
67210 **
66650 *
66080 **
65520
64384 last
63850
63480 **
62530 *
61970 **
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
69099.63
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