Bitcoin Intraday: as long as 60220 is support look for 62660
Aug 9, 2024 9:42 AM
as long as 60220 is support look for 62660.
Our pivot point is at 60220.
Our preference: as long as 60220 is support look for 62660.
Alternative scenario: below 60220, expect 59330 and 58790.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (61187) but above its 50 period moving average (59769).
Supports and resistances:
63730 **
63200 *
62660 **
62130
61055 last
60580
60220 **
59330 *
58790 **
Our preference: as long as 60220 is support look for 62660.
Alternative scenario: below 60220, expect 59330 and 58790.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (61187) but above its 50 period moving average (59769).
Supports and resistances:
63730 **
63200 *
62660 **
62130
61055 last
60580
60220 **
59330 *
58790 **
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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