Bitcoin Intraday: as long as 60170 is support look for 63230
Aug 14, 2024 1:02 PM
as long as 60170 is support look for 63230.
Our pivot point stands at 60170.
Our preference: as long as 60170 is support look for 63230.
Alternative scenario: the downside breakout of 60170 would call for 58980 and 58270.
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 trading above both its 20 and 50 period moving average (respectively at 61032 and 60681).
Supports and resistances:
64640 **
63930 *
63230 **
62520
61101 last
60630
60170 **
58980 *
58270 **
Our preference: as long as 60170 is support look for 63230.
Alternative scenario: the downside breakout of 60170 would call for 58980 and 58270.
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 trading above both its 20 and 50 period moving average (respectively at 61032 and 60681).
Supports and resistances:
64640 **
63930 *
63230 **
62520
61101 last
60630
60170 **
58980 *
58270 **
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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