Bitcoin Intraday: as long as 56080 is support look for 58460
Aug 7, 2024 8:21 AM
as long as 56080 is support look for 58460.
56080 is our pivot point.
Our preference: as long as 56080 is support look for 58460.
Alternative scenario: below 56080, expect 55240 and 54740.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 56620 and 56200).
Supports and resistances:
59460 **
58960 *
58460 **
57960
56770 last
56400
56080 **
55240 *
54740 **
Our preference: as long as 56080 is support look for 58460.
Alternative scenario: below 56080, expect 55240 and 54740.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 56620 and 56200).
Supports and resistances:
59460 **
58960 *
58460 **
57960
56770 last
56400
56080 **
55240 *
54740 **
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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