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Bitcoin Intraday: rebound towards 60440
Aug 12, 2024 9:24 AM
rebound towards 60440.
Our pivot point stands at 57960.
Our preference: rebound towards 60440.
Alternative scenario: below 57960, expect 57100 and 56590.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (58598) but below its 50 period moving average (59543).
Supports and resistances:
61480 **
60960 *
60440 **
59930
58641 last
58300
57960 **
57100 *
56590 **
Our preference: rebound towards 60440.
Alternative scenario: below 57960, expect 57100 and 56590.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (58598) but below its 50 period moving average (59543).
Supports and resistances:
61480 **
60960 *
60440 **
59930
58641 last
58300
57960 **
57100 *
56590 **
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
72050
-333.9600000000064
-46.10%
