Bitcoin Intraday: as long as 60520 is support look for 62990
Aug 9, 2024 5:02 AM
as long as 60520 is support look for 62990.
Our pivot point stands at 60520.
Our preference: as long as 60520 is support look for 62990.
Alternative scenario: below 60520, expect 59620 and 59080.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 60882 and 59087).
Supports and resistances:
64070 **
63530 *
62990 **
62450
61290 last
60870
60520 **
59620 *
59080 **
Our preference: as long as 60520 is support look for 62990.
Alternative scenario: below 60520, expect 59620 and 59080.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 60882 and 59087).
Supports and resistances:
64070 **
63530 *
62990 **
62450
61290 last
60870
60520 **
59620 *
59080 **
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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