Bitcoin Intraday: as long as 58280 is support look for 61290
Aug 17, 2024 6:46 AM
as long as 58280 is support look for 61290.
Our pivot point stands at 58280.
Our preference: as long as 58280 is support look for 61290.
Alternative scenario: below 58280, expect 57130 and 56440.
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 59132 and 58828).
Supports and resistances:
62660 **
61980 *
61290 **
60600
59184 last
58730
58280 **
57130 *
56440 **
Our preference: as long as 58280 is support look for 61290.
Alternative scenario: below 58280, expect 57130 and 56440.
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 59132 and 58828).
Supports and resistances:
62660 **
61980 *
61290 **
60600
59184 last
58730
58280 **
57130 *
56440 **
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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