Bitcoin Intraday: rebound towards 59600
Aug 16, 2024 2:05 AM
rebound towards 59600.
Our pivot point is at 56660.
Our preference: rebound towards 59600.
Alternative scenario: below 56660, expect 55540 and 54870.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 57687 and 58266).
Supports and resistances:
60940 **
60270 *
59600 **
58930
57540 last
57100
56660 **
55540 *
54870 **
Our preference: rebound towards 59600.
Alternative scenario: below 56660, expect 55540 and 54870.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 57687 and 58266).
Supports and resistances:
60940 **
60270 *
59600 **
58930
57540 last
57100
56660 **
55540 *
54870 **
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.
Related Instruments
Bitcoin
69097.17
-1708
-241.20%
