Bitcoin Intraday: rebound towards 60140
Aug 12, 2024 4:56 AM
rebound towards 60140.
Our pivot point is at 57860.
Our preference: rebound towards 60140.
Alternative scenario: below 57860, expect 57000 and 56490.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 58858 and 59999).
Supports and resistances:
61170 **
60660 *
60140 **
59630
58603 last
58200
57860 **
57000 *
56490 **
Our preference: rebound towards 60140.
Alternative scenario: below 57860, expect 57000 and 56490.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 58858 and 59999).
Supports and resistances:
61170 **
60660 *
60140 **
59630
58603 last
58200
57860 **
57000 *
56490 **
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
70312
-493.16999999999825
-69.70%
