Bitcoin Intraday: rebound towards 60240
Aug 15, 2024 6:47 AM
rebound towards 60240.
Our pivot point stands at 57170.
Our preference: rebound towards 60240.
Alternative scenario: below 57170, expect 56040 and 55370.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 58601 and 59512).
Supports and resistances:
61590 **
60920 *
60240 **
59570
58150 last
57620
57170 **
56040 *
55370 **
Our preference: rebound towards 60240.
Alternative scenario: below 57170, expect 56040 and 55370.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 58601 and 59512).
Supports and resistances:
61590 **
60920 *
60240 **
59570
58150 last
57620
57170 **
56040 *
55370 **
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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