Bitcoin Intraday: as long as 59920 is support look for 63060
Aug 14, 2024 9:41 AM
as long as 59920 is support look for 63060.
Our pivot point is at 59920.
Our preference: as long as 59920 is support look for 63060.
Alternative scenario: the downside breakout of 59920 would call for 58730 and 58030.
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 above its 20 and 50 period moving average (respectively at 60823 and 60269).
Supports and resistances:
64470 **
63760 *
63060 **
62350
60905 last
60380
59920 **
58730 *
58030 **
Our preference: as long as 59920 is support look for 63060.
Alternative scenario: the downside breakout of 59920 would call for 58730 and 58030.
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 above its 20 and 50 period moving average (respectively at 60823 and 60269).
Supports and resistances:
64470 **
63760 *
63060 **
62350
60905 last
60380
59920 **
58730 *
58030 **
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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