Bitcoin Intraday: as long as 58530 is support look for 61570
Aug 17, 2024 7:50 PM
as long as 58530 is support look for 61570.
Our pivot point is at 58530.
Our preference: as long as 58530 is support look for 61570.
Alternative scenario: below 58530, expect 57370 and 56680.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 59379 and 59283).
Supports and resistances:
62950 **
62260 *
61570 **
60880
59500 last
58980
58530 **
57370 *
56680 **
Our preference: as long as 58530 is support look for 61570.
Alternative scenario: below 58530, expect 57370 and 56680.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 59379 and 59283).
Supports and resistances:
62950 **
62260 *
61570 **
60880
59500 last
58980
58530 **
57370 *
56680 **
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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