Bitcoin Intraday: rebound towards 60480
Aug 15, 2024 4:04 AM
rebound towards 60480.
Our pivot point stands at 57550.
Our preference: rebound towards 60480.
Alternative scenario: the downside breakout of 57550 would call for 56410 and 55740.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 58783 and 59782).
Supports and resistances:
61840 **
61160 *
60480 **
59800
58448 last
58000
57550 **
56410 *
55740 **
Our preference: rebound towards 60480.
Alternative scenario: the downside breakout of 57550 would call for 56410 and 55740.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 58783 and 59782).
Supports and resistances:
61840 **
61160 *
60480 **
59800
58448 last
58000
57550 **
56410 *
55740 **
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
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