Bitcoin Intraday: as long as 58390 is support look for 60980
Aug 13, 2024 7:50 AM
as long as 58390 is support look for 60980.
Our pivot point stands at 58390.
Our preference: as long as 58390 is support look for 60980.
Alternative scenario: the downside breakout of 58390 would call for 57520 and 57010.
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 59314 and 59209).
Supports and resistances:
62020 **
61500 *
60980 **
60460
59420 last
58740
58390 **
57520 *
57010 **
Our preference: as long as 58390 is support look for 60980.
Alternative scenario: the downside breakout of 58390 would call for 57520 and 57010.
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 59314 and 59209).
Supports and resistances:
62020 **
61500 *
60980 **
60460
59420 last
58740
58390 **
57520 *
57010 **
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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