Bitcoin Intraday: as long as 60010 is support look for 63140
Aug 14, 2024 4:05 AM
as long as 60010 is support look for 63140.
60010 is our pivot point.
Our preference: as long as 60010 is support look for 63140.
Alternative scenario: the downside breakout of 60010 would call for 58830 and 58120.
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 60752 and 59962).
Supports and resistances:
64550 **
63840 *
63140 **
62430
60952 last
60480
60010 **
58830 *
58120 **
Our preference: as long as 60010 is support look for 63140.
Alternative scenario: the downside breakout of 60010 would call for 58830 and 58120.
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 60752 and 59962).
Supports and resistances:
64550 **
63840 *
63140 **
62430
60952 last
60480
60010 **
58830 *
58120 **
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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