Bitcoin Intraday: as long as 63730 is support look for 66230
Aug 2, 2024 4:46 AM
as long as 63730 is support look for 66230.
Our pivot point is at 63730.
Our preference: as long as 63730 is support look for 66230.
Alternative scenario: the downside breakout of 63730 would call for 62780 and 62220.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64450 and 64187).
Supports and resistances:
67360 **
66800 *
66230 **
65670
64480 last
64110
63730 **
62780 *
62220 **
Our preference: as long as 63730 is support look for 66230.
Alternative scenario: the downside breakout of 63730 would call for 62780 and 62220.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64450 and 64187).
Supports and resistances:
67360 **
66800 *
66230 **
65670
64480 last
64110
63730 **
62780 *
62220 **
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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