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Bitcoin Intraday: rebound towards 60620
Aug 19, 2024 6:47 AM
rebound towards 60620.
57600 is our pivot point.
Our preference: rebound towards 60620.
Alternative scenario: below 57600, expect 56460 and 55780.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 58761 and 59375).
Supports and resistances:
61980 **
61300 *
60620 **
59940
58582 last
58040
57600 **
56460 *
55780 **
Our preference: rebound towards 60620.
Alternative scenario: below 57600, expect 56460 and 55780.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 58761 and 59375).
Supports and resistances:
61980 **
61300 *
60620 **
59940
58582 last
58040
57600 **
56460 *
55780 **
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
72951.16
567.1999999999971
+78.40%
